Alaska Statutes (Last Updated: January 11, 2017) |
Title 39. PUBLIC OFFICERS AND EMPLOYEES. |
Chapter 39.35. PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF ALASKA. |
Article 39.35.08. PARTICIPATION BY POLITICAL SUBDIVISIONS AND PUBLIC ORGANIZATIONS. |
Section 39.35.630. Distribution.
Latest version.
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A distribution made as a result of termination of participation by an employer may, to the extent that no discrimination in value results, be paid in cash or in annuity contracts, in the discretion of the board.
Notes
History
(Sec. 44 h ch 143 SLA 1960)