{"data":{"id":"us-ak/as-39.35.675","jurisdiction":"us-ak","citation":"AS 39.35.675","heading":"Inclusion of cost-of-living differentials in compensation and benefits.","body":"(a) An employee shall make contributions to the plan based on compensation including a cost-of-living differential.\n(b) The amount of a cost-of-living differential may not be included in the employee's compensation for purposes of calculating benefits paid under AS 39.35.095 — 39.35.680 unless the employee has received a cost-of-living differential for at least 50 percent of the employee's credited service.\n(c) When an employee receives a benefit, and if the employee's compensation for purposes of calculating the benefit does not include a cost-of-living differential, then the administrator shall refund to the employee the amount of contributions the employee made based on the differential.\n(d) In this section, “cost-of-living differential” means an adjustment to salary based on the cost of living in the geographic region where the employee works and includes a geographic pay differential under AS 39.27.020.","path":["Title 39. Public Officers and Employees.","Chapter 35. Public Employees' Retirement System of Alaska.","Article 9. Provisions Generally Applicable to Employees Hired Before July 1, 2006."],"source_url":"https://www.akleg.gov/basis/statutes.asp#39.35.675","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:06Z","sha256":"acc5d716c703fae0ff895774d688dd9f155b4cf502bbc149fd6cb02a5f36e737","source_id":"us-ak","stale":false,"prev":"us-ak/as-39.35.672","next":"us-ak/as-39.35.677"},"notice":"GroundRules: Original legal text. Not legal advice."}