Made available by
Touch N' Go Systems, Inc., and the
Law Offices of James B. Gottstein.
You can also go to The Alaska Legal Resource Center or search the entire website search.
(a) AS 39.35.300 (a) and this section govern the membership in the PERS of all University of Alaska personnel.
(b) The University of Alaska shall designate all current University of Alaska positions as PERS, TRS or nonapplicable. Any new position must be designated in the same manner. PERS members are those employees in positions subject to a formal position classification and evaluation system and who do not have academic standing or rank as defined under 2 AAC 36.850.
(c) Final approval of the designation of positions and the membership of employees shall be made by the administrator of the Public Employees' Retirement System.
(d) An employee or former employee who, on December 3, 1984, occupies a position or occupied a position designated under (b) of this section for a retirement system different from the one currently assigned to the position, shall either: (1) irrevocably elect to remain under that system; or (2) elect to be placed retroactively in the retirement system designated for that position. The employee must make this election before January 1, 1986. Failure to make an election by that date results in the employee remaining in the retirement system that he or she is a member of on December 3, 1984. The member must continue to participate in that system until termination or transfer to another position.
(e) An employee electing retroactive PERS coverage will be refunded the difference in member mandatory contributions between what was contributed, plus interest, and what should have been contributed in the PERS, including interest, at the rate prescribed in that system. An employee electing retroactive TRS coverage is indebted to that system for any additional contributions represented by the difference in what the member contributed and what should have been contributed. The University shall make all necessary employer contribution adjustments.
(f) An employee hired or rehired into a PERS-designated TRS position must become a member of the PERS. A PERS-designated position may not be retroactively changed to TRS after January 1, 1986.
(g) A vacant position which is classified as a PERS-covered position may not be transferred to TRS coverage without prior written approval of the administrator.
History: In effect before 10/21/83; am 12/3/84, Register 93; am 5/10/85, Register 99
Authority: AS 39.35.040
Note to HTML Version:
The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.
If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.
Last modified 7/05/2006