Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 2. Administration. |
Chapter 2.36. Teachers' Retirement System. |
Article 2.36.2. Administration of the Defined Benefits Plan ( AS 14.25.009 - 14.25.220) and the Defined Contribution Plan ( AS 14.25.310 - 14.25.590). |
Section 2.36.096. Defined contribution plan compliance with the Internal Revenue Code.
Latest version.
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For purposes of compliance with the Internal Revenue Code, the defined contribution plan (AS 14.25.310 - 14.25.590) will be treated as an Internal Revenue Code sec. 414(k) (26 U.S.C. 414(k)) plan in which savings are accumulated in an individual retirement account for the exclusive benefit of the member or beneficiaries and certain fixed occupational death and disability benefits are paid.
Authorities
14.25.003;14.25.320;14.25.485;14.25.487
Notes
Authority
AS 14.25.003 Authority: AS 14.25.320 AS 14.25.485 AS 14.25.487History
Eff. 6/22/2006, Register 179