- Alaska Statutes.
- Title 39. Public Officers and Employees
- Chapter 30. Insurance and Supplemental Employee Benefits
- Section 162. Safeguard of Money.
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AS 39.30.162. Safeguard of Money.
- (a) Except as provided in the State of Alaska Supplemental Annuity Plan, amounts held on behalf of, or payable to, an
employee or other person who is or who might become eligible for benefits under the plan are not subject to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or charge of any kind, either voluntary or
involuntary, before being received by the person entitled to the amount under the terms of the plan. An attempt to
anticipate, alienate, sell, transfer, assign, pledge, encumber, charge, or otherwise dispose of a right to amounts held
under the plan is void.
- (b) Except as provided in AS 09.38.065
, amounts held on behalf of, or payable to, an employee or other person who is or who might become eligible for
benefits under the plan are exempt from garnishment, execution, or levy.
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