To be eligible for retirement benefits under AS 39.35.370(a)(1) and (b), nonoccupational disability benefits under AS 39.35.400(a) and nonoccupational death benefits under AS 39.35.420(b), an employee must have at least five years of credited service for which no indebtedness is owed at the time of retirement, disability, or death. An employee retiring under AS 39.35.370(a)(2) or (3) must have 20 years of credited service and 30 years of credited service, respectively, for which no indebtedness is owed at the time of retirement, unless the employee claims credited service as a peace officer under AS 39.35.370(g) or (h). To be eligible for retirement benefits under AS 39.35.385(f), an employee must have at least 60 days of credited service in each of five legislative sessions for which no indebtedness exists at the time of retirement.

(In effect before 10/21/83, Register 93; am 1/7/2001, Register 159; readopt 7/20/2006, Register 179)

Authority: AS 39.35.003, AS 39.35.385, AS 39.35.420, AS 39.35.370, AS 39.35.400