Alaska Admin. Code tit. 2, § 36.234 – Eligible for normal retirement

For purposes of AS 14.25.130(e), eligible for normal retirement means:

(1) for a member first joining the system before July 1, 1990, reaches age 55 with at least 8 years of credited service for which no indebtedness is due or accrues sufficient paid-up credited service, including credited service accrued as a result of the disability, to entitle the member to retire under AS 14.25.110(a)(1), (4), (5), (6), or (7), whichever comes first;
(2) for a member first joining the system on or after July 1, 1990, reaches age 60 with at least 8 years of credited service for which no indebtedness is due or accrues sufficient paid-up credited service, including credited service accrued as a result of the disability, to entitle the member to retire under AS 14.25.110(a)(1), (4), (5), (6), or (7), whichever occurs earlier.

(Eff. 4/20/2001, Register 179)

Authority: AS 14.25.130