(a) A teacher in membership service on or after July 1, 1977, who is appointed to retirement on or after July 1, 1978, may elect to apply unused sick leave credit in computing the total number of years of credited service under AS 14.25.110(d) except for sick leave earned while participating in a university retirement program under AS 14.40.661 - 14.40.799. To obtain service credit for unused sick leave, a teacher must apply to the administrator not later than one year after appointment to retirement. Unused sick leave shall be credited on a day-for-day basis in accordance with the table for service after July 1, 1969, contained in AS 14.25.220(47). Teacher contributions may not be required for credited unused sick leave.
(b) A teacher appointed to retirement before July 1, 1978, who returns to membership service on or after July 1, 1978, and is subsequently reappointed to retirement is eligible for unused sick leave credit only with respect to sick leave accrued during membership service on or after July 1, 1978.
(c) Benefits payable under this section accrue from the first day of the month after which all the following requirements are met: (1) the teacher meets the eligibility requirements of this section; (2) the teacher's written application for unused sick leave credit is received and verified by the administrator; and (3) a period of time has elapsed since the date of appointment to retirement equal to the amount of verified unused sick leave. Benefits are payable on the last day of the month.
Structure Alaska Statutes
Title 14. Education, Libraries, and Museums
Chapter 25. Teachers' Retirement
Article 2. Teachers' Defined Benefit Retirement Plan.
Sec. 14.25.009. Applicability of AS 14.25.009 - 14.25.220.
Sec. 14.25.010. Retirement plan established; federal qualification requirements.
Sec. 14.25.012. Purpose and effective date.
Sec. 14.25.040. Membership; credited service.
Sec. 14.25.043. Reemployment of retired members.
Sec. 14.25.047. Participation by Special Education Service Agency employees.
Sec. 14.25.048. Teachers of Alaska Native language and culture.
Sec. 14.25.050. Contributions by members.
Sec. 14.25.055. Supplemental contributions by teachers.
Sec. 14.25.060. Arrearage indebtedness.
Sec. 14.25.061. Retroactive indebtedness.
Sec. 14.25.063. Payment of indebtedness.
Sec. 14.25.065. Transmittal of contributions; claims against funds of an employer.
Sec. 14.25.070. Contributions by employers.
Sec. 14.25.075. Purchase of credited service.
Sec. 14.25.085. Additional state contributions.
Sec. 14.25.087. Contributions for medical benefits.
Sec. 14.25.100. Credit for service in the armed forces.
Sec. 14.25.105. Credit for service as an employee of the Territory of Alaska.
Sec. 14.25.107. Credit for Alaska BIA service.
Sec. 14.25.110. Retirement benefits.
Sec. 14.25.115. Unused sick leave credit.
Sec. 14.25.125. Conditional service retirement benefits.
Sec. 14.25.130. Disability benefits.
Sec. 14.25.142. Cost-of-living allowance.
Sec. 14.25.143. Post retirement pension adjustment.
Sec. 14.25.145. Interest on individual accounts.
Sec. 14.25.150. Refund upon termination.
Sec. 14.25.153. Rights under qualified domestic relations order.
Sec. 14.25.155. Nonoccupational death benefits.
Sec. 14.25.157. Occupational death benefits.
Sec. 14.25.160. Death benefits.
Sec. 14.25.162. Survivor's allowance.
Sec. 14.25.163. Rollover distributions and rollover contributions.
Sec. 14.25.164. Spouse's pension.
Sec. 14.25.165. Distribution requirements.
Sec. 14.25.166. Designation of beneficiary.
Sec. 14.25.167. Joint and survivor option.
Sec. 14.25.168. Medical benefits.
Sec. 14.25.169. Duplicate benefits.
Sec. 14.25.175. Waiver of adjustments.
Sec. 14.25.177. Effect of amendments; determination of benefits upon termination.
Sec. 14.25.181. Exclusive benefit; use of forfeitures; limitations.
Sec. 14.25.195. Special rules for treatment of qualified military service.
Sec. 14.25.200. Exemption from taxation and process.
Sec. 14.25.205. Time limit for application.
Sec. 14.25.210. Penalty for false statements.