Section 8.85.390. Remuneration in a medium other than cash.  


Latest version.
  • The cash value of remuneration other than cash will be determined as follows:  
    		(1) the cash value of a commodity, product, or other payment in kind is the value agreed upon by the individual and his employer; if the value has not been agreed to, the cash value is the fair market value of the commodity, product, or other payment in kind;  
          (2) the cash value of board and lodging will be the amount specified in a union contract or agreement or, if there is not a union agreement, by a written or oral contract of employment; if a value is not specified in a contract or agreement, board and lodging is considered to have the following value: 
            full board and lodging per week ..............................$ 97.00 
            meals per week .................................................49.00 
            meals per day ...................................................7.00 
            individual meals ................................................2.50 
            lodging per week ...............................................47.00 
            lodging per day .................................................7.00 
            monthly home or apartment rental ..............................597.00 
    

Authorities

23.20.045;23.20.360;23.20.505;23.20.530

Notes


Authority
AS 23.20.045 AS 23.20.360 AS 23.20.505 AS 23.20.530
History
Eff. 11/7/80, Register 76; am 4/28/95, Register 134