Alaska Statutes Sec. 39.35.530 - Limit on Pension

An employee may not simultaneously receive a pension under more than one section of AS 39.35.095 - 39.35.680. However, benefits under AS 39.35.420 (b), 39.35.430, 39.35.440 or 39.35.450 shall be paid in addition to the benefits or service credit a person is entitled to receive because of the person's own membership in the retirement plan. An employee may not (1) receive duplicate credit under this plan for the same period of service, (2) receive more than one year of service credit in the course of any calendar year, or (3) receive a benefit while accruing service credit under this plan, except as provided in this section.

Section: Previous  39.35.500  39.35.505  39.35.510  39.35.520  39.35.522  39.35.525  39.35.527  39.35.530  39.35.535  39.35.540  39.35.541  39.35.545  39.35.546  39.35.547    Next

Last modified: November 15, 2016