- Alaska Statutes.
- Title 39. Public Officers and Employees
- Chapter 35. Public Employees' Retirement System of Alaska
- Section 485. Minimum Benefit.
previous: Section 480
. Cost-of-Living Allowance.
next: Section 490
. Designation of Beneficiary.
AS 39.35.485. Minimum Benefit.
- (a) An employee who is eligible for a benefit calculated in accordance with AS 39.35.370
(c) is entitled to a benefit of at least $25 a month for each year of credited service, not including adjustments made
under AS 39.35.340
for military service, AS 39.35.350
for reinstatement of credited service, AS 39.35.360
for credit for earlier service, AS 39.35.370(c) for
early retirement, AS 39.35.420
for nonoccupational death benefits, AS 39.35.450
for the survivor's option, former AS 39.35.460 for
the level income option, AS 39.35.475
for the post-retirement pension adjustment, and AS 39.35.480
for the cost of living.
- (b) [Repealed, Sec. 55 ch 128 SLA 1977].
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