The corpus or income of the assets held in trust as required by the plan may not be diverted to or used for other than the exclusive benefit of the members or their beneficiaries.
Structure Alaska Statutes
Title 39. Public Officers and Employees
Chapter 35. Public Employees' Retirement System of Alaska
Article 1. Administration of the Public Employees' Retirement System of Alaska.
Sec. 39.35.002. Attorney general.
Sec. 39.35.003. Administrator.
Sec. 39.35.004. Powers and duties of the administrator.
Sec. 39.35.007. Investment management of retirement system funds.