§ 2.35.400

Alaska Admin. Code tit. 2, § 35.400

Interest on indebtedness amounts

Effective Jul 20, 2006Alaska Register 179(Eff. 7/20/2006, Register 179) | Authority: AS 39.35.003, AS 39.35.345, AS 39.35.385, AS 39.35.340, AS 39.35.360

The prescribed rate of interest that accrues on any indebtedness amount under the defined benefit plan of the Public Employees' Retirement System (AS 39.35.095 - 39.35.680) is seven percent, compounded semiannually on June 30 and December 31 of each year.

(Eff. 7/20/2006, Register 179)

Authority: AS 39.35.003, AS 39.35.345, AS 39.35.385, AS 39.35.340, AS 39.35.360