2016 Alaska Statutes
Title 14 - EDUCATION, LIBRARIES, AND MUSEUMS
Chapter 14.25 - TEACHERS' RETIREMENT
Article 02 - TEACHERS' DEFINED BENEFIT RETIREMENT PLAN
Sec. 14.25.105 Credit for service as an employee of the Territory of Alaska.
(a) A teacher who completes 15 years of membership service under AS 14.25.009 - 14.25.220 may elect to receive credited service for employment rendered to the Territory of Alaska before January 3, 1959, regardless of the office, department, division or agency of the territory in which employed. Credited service allowed under this section may not exceed five years.
(b) A teacher may not be credited with service under this section if credit for service as an employee of the Territory of Alaska was granted for the same period under AS 39.35 (public employees' retirement system).
(c) A teacher who elects to receive credited service under this section for service to the Territory of Alaska shall make a retroactive contribution under this plan for the period of territorial employment following June 30, 1955.
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