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Alaska Statutes (Last Updated: January 11, 2017) |
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Title 39. PUBLIC OFFICERS AND EMPLOYEES. |
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Chapter 39.30. INSURANCE AND SUPPLEMENTAL EMPLOYEE BENEFITS. |
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Article 39.30.05. STATE OF ALASKA TEACHERS' AND PUBLIC EMPLOYEES' RETIREE HEALTH REIMBURSEMENT ARRANGEMENT PLAN. |
Section 39.30.370. Contributions by employers.
Latest version.
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For each member of the plan, an employer shall contribute to the teachers' and public employees' retiree health reimbursement arrangement plan trust fund an amount equal to three percent of the average annual compensation of all employees of all employers in the teachers' retirement system and public employees' retirement system. The administrator shall maintain a record for each member to account for employer contributions on behalf of that member. The board shall establish by regulation the rate of interest to be applied annually to the amount in a member's individual account.
Authorities
14.25.070;14.25.350;39.35.255;39.35.750
Notes
References
15 AAC 112.810
AS 14.25.070 Contributions by employers.
AS 14.25.350 Contributions by employers.
AS 39.35.255 Contributions by employers.
AS 39.35.750 Contributions by employers.
History
(Sec. 80 ch 9 FSSLA 2005; am Sec. 57 ch 20 SLA 2007)