Section 2.35.430. Interest on individual accounts.

Latest version.

	(a)  The prescribed rate of interest to be credited to employee contribution accounts in the defined benefit plan of the Public Employees' Retirement System (AS 39.35.095 - 39.35.680) is four and one-half percent.  
	(b)  This plan is not liable for interest on contributions which cannot be posted to the individual account.

Authorities

39.35.003

Notes

Authority
 AS 39.35.003  
History Eff. 7/20/2006, Register 179

                    
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