A person who is employed at least half-time in the public employees' defined contribution retirement plan (AS 39.35.700 - 39.35.990) during the same period that the person is employed at least half-time in a position in the teachers' defined contribution retirement plan (AS 14.25.310 - 14.25.590) shall receive credited service under each plan for half-time employment. However, the amount of credited service a person receives under the public employees' defined contribution retirement plan during a school year may not exceed the amount necessary, when added to the amount of credited service earned during the school year under the teachers' defined contribution retirement plan, to equal one year of credited service.
Section: Previous 14.25.489 14.25.490 14.25.500 14.25.510 14.25.520 14.25.530 14.25.532 14.25.540 14.25.550 14.25.560 14.25.570 14.25.580 14.25.582 14.25.590 NextLast modified: November 15, 2016