Sec. 39.35.485. Minimum benefit.
103 words·~1 min read·
/ak/title-39/chapter-35/39-35-485A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 39.35.485. Minimum benefit.
(a)An employee who is eligible for a benefit calculated in accordance with AS 39.35.370
(c)is entitled to a benefit of at least $25 a month for each year of credited service, not including adjustments made under AS 39.35.340 for military service, AS 39.35.360 for credit for earlier service, AS 39.35.370
(c)for early retirement, AS 39.35.420 for nonoccupational death benefits, AS 39.35.450 for the survivor's option, former AS 39.35.460 for the level income option, AS 39.35.475 for the post-retirement pension adjustment, and AS 39.35.480 for the cost of living.
(b)[Repealed, § 55 ch 128 SLA 1977.]