Section 2.35.400. Interest on indebtedness amounts.

Latest version.

The prescribed rate of interest that accrues on any indebtedness amount under the defined benefit plan of the Public Employees' Retirement System (AS 39.35.095 - 39.35.680) is seven percent, compounded semiannually on June 30 and December 31 of each year.

Authorities

39.35.003;39.35.340;39.35.345;39.35.360;39.35.385

Notes

Authority
 AS 39.35.003  
AS 39.35.340  
AS 39.35.345  
AS 39.35.360  
AS 39.35.385  
History Eff. 7/20/2006, Register 179

                    
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