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 85.390 - Remuneration in a medium other than cash
Current through August 30, 2024
The cash value of remuneration other than cash will be determined as follows:
(1) the cash value of a commodity, product, or other payment in kind is the value agreed upon by the individual and his employer; if the value has not been agreed to, the cash value is the fair market value of the commodity, product, or other payment in kind;
(2) the cash value of board and lodging will be the amount specified in a union contract or agreement or, if there is not a union agreement, by a written or oral contract of employment; if a value is not specified in a contract or agreement, board and lodging is considered to have the following value:
full board and lodging per week . . . . . $ 97.00
meals per week . . . . . 49.00
meals per day . . . . . 7.00
individual meals . . . . . 2.50
lodging per week . . . . . 47.00
lodging per day . . . . . 7.00
monthly home or apartment rental . . . . . 597.00
Authority:AS 23.20.045
AS 23.20.360
AS 23.20.505
AS 23.20.530