Alaska Administrative Code
Title 2 - Administration
Chapter 35 - Public Employees' Retirement System
Article 4 - Service under the Defined Benefit Plan (AS 39.35.095 - 39.35.680)
2 AAC 35.340 - Service credit for authorized leave of absence

Universal Citation: 2 AK Admin Code 2 AAC 35.340
Current through February 27, 2024

Any period or periods of authorized leave of absence without pay totaling not more than 10 working days in a calendar year will be considered as creditable service. Once the total of any period or periods of authorized leave of absence without pay exceeds 10 working days in a calendar year, the entire period or periods of absence will be considered as an interruption of employment and no credited service will be granted. Service is credited on a daily rate basis for all full-time permanent employment with the state or a participating political subdivision. The table supplied by the consulting actuaries is used for computation purposes.

Effective 7/20/2006, Register 179, the Department of Administration readopted 2 AAC 35.340, without change, to affirm the validity of that section following statutory amendments made in ch. 9, FSSLA 2005. Chapter 9, FSSLA 2005 eliminated the Public Employees' Retirement Board, and largely transferred the board's authority to adopt regulations in 2 AAC 35 to the commissioner of administration.

Authority:AS 39.35.003

AS 39.35.330

Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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