Section 2.35.333. Service used to calculate vesting and retirement eligibility.

Unless a provision of AS 39.35  or of this chapter otherwise provides, only service credit that is earned by an active employee under AS 39.35.300 or AS 39.35.310 and that is paid in full can be used to determine the date that an employee  
		(1) attains vested member status; and  
		(2) becomes eligible to retire under AS 39.35.370(a)(2) or (3).   

Authorities

39.35.003

Notes

Authority

AS 39.35.003 Editor's note: Effective 7/20/2006, Register 179, the Department of Administration readopted 2 AAC 35.333, without change, to affirm the validity of that section following statutory amendments made in ch. 9, FSSLA 2005. Chapter 9, FSSLA 2005 eliminated the Public Employees' Retirement Board, and largely transferred the board's authority to adopt regulations in 2 AAC 35 to the commissioner of administration. Even though the adoption of 2 AAC 35.333 was effective 2/13/2004, it was not published until Register 172, January 2005.

History

Eff. 2/13/2004, Register 172; readopt 7/20/2006, Register 179

References

2.35.333;2.35