Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 2. Administration. |
Chapter 2.35. Public Employees' Retirement System. |
Article 2.35.1. Board. |
Section 2.35.223. Prohibitions on elections of distributions from individual accounts of members of the defined contribution plan.
Latest version.
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A member of the defined contribution plan (AS 39.35.700 - 39.35.990) may not elect distributions from the member's individual account under AS 39.35.810 while the member is receiving or entitled to receive occupational disability benefits under AS 39.35.890. A beneficiary of a deceased member of the plan may not elect distributions from the deceased member's individual account under AS 39.35.810 while the beneficiary is receiving survivor benefits under AS 39.35.890(k) or AS 39.35.892.
Authorities
39.35.003;39.35.810;39.35.890;39.35.892