Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 2. Administration. |
Chapter 2.36. Teachers' Retirement System. |
Article 2.36.3. Benefits Under the Defined Benefits Plan of the Teachers' Retirement System ( AS 14.25.009 - 14.25.220). |
Section 2.36.234. Eligible for normal retirement.
Latest version.
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For purposes of AS 14.25.130(e), eligible for normal retirement means: (1) for a member first joining the system before July 1, 1990, reaches age 55 with at least 8 years of credited service for which no indebtedness is due or accrues sufficient paid-up credited service, including credited service accrued as a result of the disability, to entitle the member to retire under AS 14.25.110(a)(1), (4), (5), (6), or (7), whichever comes first; (2) for a member first joining the system on or after July 1, 1990, reaches age 60 with at least 8 years of credited service for which no indebtedness is due or accrues sufficient paid-up credited service, including credited service accrued as a result of the disability, to entitle the member to retire under AS 14.25.110(a)(1), (4), (5), (6), or (7), whichever occurs earlier.
Authorities
14.25.130
Notes
Authority
AS 14.25.130 Editor's note: Even though the adoption of 2 AAC 36.234 was effective 4/20/2001, it was not published until Register 179, October 2006.History
Eff. 4/20/2001, Register 179
References
2.36.234