(a) Notwithstanding the nonalienation provisions in AS 14.25.500(a), the administrator may direct that benefits be paid to someone other than a member or beneficiary under a valid qualified domestic relations order that is executed by the judge of a competent court in accordance with applicable state law and that has been accepted by the administrator.
(b) The administrator shall determine whether an order meets the requirements of this section within a reasonable period after receiving an order. The administrator shall notify the member and any alternate payee that an order has been received and indicate to the member and any alternate payee when the order is accepted. A separate account for the alternate payee portion shall be established as soon as administratively feasible after the order has been accepted by the administrator.
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.