(a) Contributions of members shall be made by payroll deductions. Each member shall be considered to consent to payroll deductions. It is of no consequence that a payroll deduction may cause the compensation paid in cash to a member to be reduced below the minimum required by law.
(b) Payment of a member's compensation, less payroll deductions, is a full and complete discharge and satisfaction of all claims and demands by the member relating to remuneration of services during the period covered by the payment, except with respect to the benefits provided under the plan.
Structure Alaska Statutes
Title 14. Education, Libraries, and Museums
Chapter 25. Teachers' Retirement
Article 3. Teachers First Hired on or after July 1, 2006.
Sec. 14.25.310. Applicability of AS 14.25.310 - 14.25.590.
Sec. 14.25.320. Defined contribution retirement plan established.
Sec. 14.25.340. Contributions by members.
Sec. 14.25.345. Employment contributions mandatory.
Sec. 14.25.350. Contributions by employers.
Sec. 14.25.360. Rollover contributions and distributions.
Sec. 14.25.380. Limitations on contributions and benefits.
Sec. 14.25.400. Investment of individual accounts.
Sec. 14.25.410. Distribution election at termination.
Sec. 14.25.420. Forms of distribution.
Sec. 14.25.430. Manner of electing distributions.
Sec. 14.25.440. Distribution requirements.
Sec. 14.25.450. Designation of beneficiary.
Sec. 14.25.460. Rights under qualified domestic relations order.
Sec. 14.25.470. Eligibility for retirement and medical benefits.
Sec. 14.25.480. Medical benefits.
Sec. 14.25.485. Occupational disability benefits and reemployment of disabled members.
Sec. 14.25.486. Disability benefit adjustment.
Sec. 14.25.487. Occupational death benefit.
Sec. 14.25.488. Survivors' pension adjustment.
Sec. 14.25.490. Amendment and termination of plan.
Sec. 14.25.500. Exclusive benefit.
Sec. 14.25.510. Nonguarantee of returns, rates, or benefit amounts.
Sec. 14.25.520. Nonguarantee of employment.
Sec. 14.25.532. Pension forfeiture.
Sec. 14.25.550. Membership in teachers' and public employees' retirement systems.
Sec. 14.25.560. Legislators who have been teachers.
Sec. 14.25.580. Participation by Special Education Service Agency employees.
Sec. 14.25.582. Special rules for treatment of qualified military service.