Alaska Administrative Code
Title 8 - Labor and Workforce Development
Part 7 - Employment Security Division and Alaska Workforce Investment Board
Chapter 85 - Employment Security
8 AAC 85.140 - Disqualifying or deductible income

Universal Citation: 8 AK Admin Code 8 AAC 85.140

Current through August 30, 2024

(a) A monthly payment from a pension, annuity, or similar periodic payment plan that is deductible under AS 23.20.362 will be multiplied by 12 and then divided by 52 to determine the weekly amount to be deducted.

(b) A lump sum payment for severance, termination, wages paid in place of dismissal notice, sick leave, holiday or unused vacation, or a pension or annuity will be attributed to the week in which the payment is received. Pension or annuity payments that are part of a nontaxable rollover distribution are not considered deductible income.

(c) Repealed 1/18/97.

(d) The weekly amount determined in (a) of this section will be multiplied by the percentage of the insured worker's contribution to the pension plan. The resulting amount is attributable to contributions of the insured worker under AS 23.20.362(b) and is not deductible from benefits for the week. If the insured worker contributed to a pension paid under the Social Security Act, no part of a payment from that pension is deductible from benefits for the week.

(e) A payment is not deductible from benefits under AS 23.20.362 unless it is paid

(1) by a base period employer of the claimant; or

(2) from a fund contributed to or maintained by a base period employer of the claimant.

Authority:AS 23.20.045

AS 23.20.362

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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