Alaska Statutes Sec. 39.35.395 - Voluntary Contribution Benefit

The balance of the employee's savings account shall be paid in one of the following options as elected by the employee:

(1) a lump sum payment; or

(2) a life annuity on a full cash refund or term-certain basis; or

(3) installments over a designated period of time.

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Last modified: November 15, 2016