Section 2.35.480. Adoption of unisex tables.

Latest version.

The defined benefit plan of the Public Employees' Retirement System (AS 39.35.095 - 39.35.680) shall use unisex tables containing unisex joint and survivor option factors, unisex early retirement factors, and unisex indebtedness factors in all appropriate computations. The plan shall incorporate unisex level income option factors that will guarantee that a level income monthly benefit may never be reduced below $50.

Authorities

39.35.003

Notes

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

                    
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