Alaska · Through Alaska Statutes 2025 (34th Legislature, 2025-2026)

AS 39.35.730: Contributions by members.

Where this section sits in the code

Title 39. Public Officers and Employees.
Chapter 35. Public Employees' Retirement System of Alaska.
Article 10. Employees First Hired on or after July 1, 2006.

(a) Each member shall contribute to the member's individual account an amount equal to eight percent of the member's compensation from July 1 to the following June 30.

(b) [Repealed, § 116(a) ch 20 SLA 2007.]

(c) The employer shall deduct the contribution from the member's compensation at the end of each payroll period, and the contribution shall be credited by the plan to the member's individual account. The contributions shall be deducted from the member's compensation before the computation of applicable federal taxes and shall be treated as employer contributions under 26 U.S.C. 414(h)(2). A member may not have the option of making the payroll deduction directly in cash instead of having the contribution picked up by the employer.

Collected 2026-09-02T06:19:06Z. Source file · JSON

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