Section 2.36.183. Certain periods to count toward vesting in the defined contribution plan and the health reimbursement arrangement plan.  


Latest version.
  • 	(a)  A period during which a member of the defined contribution plan (AS 14.25.310 - 14.25.590) is receiving an occupational disability benefit under AS 14.25.485 constitutes membership service for the purposes of determining vesting in employer contributions under AS 14.25.390(b) and eligibility for retirement and medical benefits under AS 14.25.310 - 14.25.590 and under the health reimbursement arrangement plan (AS 39.30.300 - 39.30.495).  
    	(b)  If a member of the defined contribution plan receiving or entitled to receive an occupational disability benefit under AS 14.25.485 dies while receiving that benefit or before the commencement of the benefit, the period during which the member was eligible for the benefit and the period during which a survivor's benefit was paid to a survivor of the member constitute membership service for the purposes of determining vesting in employer contributions under AS 14.25.390(b) and eligibility for retirement and medical benefits under AS 14.25.310 - 14.25.590 and AS 39.30.300 - 39.30.495.  
    	(c)  If a member of the defined contribution plan suffers an occupational death under AS 14.25.487, the period during which a survivor's benefit is paid to a survivor of the member constitutes membership service for the purposes of determining vesting in employer contributions under AS 14.25.390(b) and eligibility for retirement and medical benefits under AS 14.25.310 - 14.25.590 and AS 39.30.300 - 39.30.495.  
    

Authorities

14.25.003;14.25.485;14.25.487

Notes


Authority
AS 14.25.003 AS 14.25.485 AS 14.25.487
History
Eff. 6/22/2006, Register 179