Alaska Statutes
Article 10. Employees First Hired on or after July 1, 2006.
Sec. 39.35.725. Participation of elected officials of political subdivisions.

(a) An elected official of a political subdivision of the state that participates in both the plan and the defined benefit plan of AS 39.35.095 - 39.35.680 is a member of the plan if
(1) the political subdivision covers elected officials under AS 39.35.600 - 39.35.650 and has designated elected officials under AS 39.35.957 as a classification of employees entitled to participate in the plan; and
(2) the elected official receives compensation from the political subdivision for services as an elected official in the amount of at least $2,001 a month.
(b) An elected official of a political subdivision of the state that participates in the plan but not the defined benefit plan of AS 39.35.095 - 39.35.680 is a member of the plan if
(1) the political subdivision has designated elected officials under AS 39.35.957 as a classification of employees entitled to participate in the plan; and
(2) the elected official receives compensation from the political subdivision for services as an elected official in the amount of at least $2,001 a month.
(c) An elected official entitled to participate under this section, and who either has no previous service under the system with the political subdivision or is retired under the system, may file a waiver of participation in the plan with the administrator within 30 days after the later of June 7, 2007 or the date that the elected official's term of office begins. A waiver is irrevocable for the remainder of the elected official's service as an elected official or employee of the political subdivision.

Structure Alaska Statutes

Alaska Statutes

Title 39. Public Officers and Employees

Chapter 35. Public Employees' Retirement System of Alaska

Article 10. Employees First Hired on or after July 1, 2006.

Sec. 39.35.700. Applicability of AS 39.35.700 - 39.35.990.

Sec. 39.35.710. Defined contribution retirement plan established; federal qualification requirements.

Sec. 39.35.720. Membership.

Sec. 39.35.725. Participation of elected officials of political subdivisions.

Sec. 39.35.730. Contributions by members.

Sec. 39.35.740. Employment contributions mandatory.

Sec. 39.35.750. Contributions by employers.

Sec. 39.35.760. Rollover contributions and distributions.

Sec. 39.35.770. Transmittal of contributions; claims against funds of an employer.

Sec. 39.35.780. Limitations on contributions and benefits.

Sec. 39.35.790. Vesting.

Sec. 39.35.800. Investment of individual accounts.

Sec. 39.35.810. Distribution election at termination.

Sec. 39.35.820. Forms of distribution.

Sec. 39.35.830. Manner of electing distributions.

Sec. 39.35.840. Distribution requirements.

Sec. 39.35.850. Designation of beneficiary.

Sec. 39.35.860. Rights under qualified domestic relations order.

Sec. 39.35.870. Eligibility for retirement and medical benefits.

Sec. 39.35.880. Medical benefits.

Sec. 39.35.890. Occupational disability benefits and reemployment of disabled employees.

Sec. 39.35.891. Disability benefit and disabled peace officer or firefighter retirement benefit adjustment.

Sec. 39.35.892. Occupational death benefit.

Sec. 39.35.893. Survivor's pension adjustment.

Sec. 39.35.894. Premiums for retiree major medical insurance coverage upon termination of disability benefits or survivor's pension.

Sec. 39.35.895. Amendment and termination of plan.

Sec. 39.35.900. Exclusive benefit.

Sec. 39.35.910. Nonguarantee of returns, rates, or benefit amounts.

Sec. 39.35.920. Nonguarantee of employment.

Sec. 39.35.930. Fraud.

Sec. 39.35.932. Pension forfeiture.

Sec. 39.35.940. Transfer into defined contribution plan by nonvested members of defined benefit plan.

Sec. 39.35.950. Request by political subdivision to participate and adoption of resolution.

Sec. 39.35.955. Request by public organization to participate and adoption of resolution.

Sec. 39.35.956. Contractors and employees of contractors excluded from plan.

Sec. 39.35.957. Designation of eligible employees, agreement to contribute, and amendment of participation.

Sec. 39.35.958. Termination of participation in the plan.

Sec. 39.35.960. Membership in teachers' and public employees' retirement systems.

Sec. 39.35.965. Army and air national guard employees.

Sec. 39.35.970. North Pacific Fishery Management Council employees.

Sec. 39.35.972. Special rules for treatment of qualified military service.

Sec. 39.35.990. Definitions.