GroundRules
AS 14.25.390: Vesting.
Where this section sits in the code
- Title 14. Education, Libraries, and Museums.
- Chapter 25. Teachers' Retirement.
- Article 3. Teachers First Hired on or after July 1, 2006.
(a) A participating member is immediately and fully vested in that member's contributions and related earnings.
(b) A member is fully vested in the employer contributions made on that member's behalf, and related earnings, after five years of service. A member is partially vested in the employer contributions made on that member's behalf, and the related earnings, in the ratio of
(1) 25 percent with two years of service;
(2) 50 percent with three years of service; and
(3) 75 percent with four years of service.
Collected 2026-09-02T06:17:00Z. Source file · JSON