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Title 2 . Administration
Chapter 37 . Public Information
Section 140. Administrative matters

2 AAC 37.140. Administrative matters

(a) Administrative fees for the supplemental benefits system programs will be deducted from contributions made to the individual employee annuity accounts. The form and amount of administrative fees will be determined by the administrator in a manner that matches annual administrative fees to appropriations and that draws from each account equitably.

(b) Elections, claims, and designations must be filed on forms and at the location prescribed by the administrator. An employee's election, claim, or designation is not effective before the date received at the prescribed location. At the discretion of the administrator, any information provided must be substantiated.

History: In effect before 11/7/85, Register 99; am 2/1/89, Register 109

Authority: AS 39.30.155

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Last modified 7/05/2006