Alaska Administrative Code
Title 2 - Administration
Chapter 40 - Longevity Bonus Program
2 AAC 40.065 - Commencement of bonuses

Universal Citation: 2 AK Admin Code 2 AAC 40.065

Current through February 27, 2024

(a) The administrator will send a validation form to each eligible applicant no later than the fifth day of the month following the first month for which an applicant qualifies for benefits under this chapter. An applicant meets the age requirement of this chapter the month following the applicant's sixty-fifth birthday and meets the residency requirement of this chapter the month following successful completion of the eligibility period. Bonus payments will commence with the first scheduled mailing of bonuses after the initial validation form is returned to the administrator.

(b) An initial bonus payment will include all bonuses to which an applicant is entitled. No bonus will be paid for a month before

(1) the applicant satisfied the eligibility requirements of this chapter; and

(2) the administrator received an applicant's initial application.

Authority:AS 47.45.010(b)

AS 47.45.100(1)

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