reglab/housing_qa huggingface dataset:
AK Stat § 39.35.625 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 8. Participation by Political Subdivisions and Public Organizations.|Sec. 39.35.625. Termination costs.

(a) Notwithstanding AS 39.35.255, an employer that terminates participation of a department, group, or other classification of employees in the plan under AS 39.35.615 or that terminates participation in the plan under AS 39.35.620 shall pay to the plan each payroll period until the past service liability of the plan is extinguished an amount calculated by applying the current past service contribution rate adopted by the board to the greater of total base salaries paid (1) during the payroll period to employees in positions for which coverage has been terminated; (2) at the time of termination to employees in positions for which coverage has been terminated; or (3) during the corresponding payroll period for the fiscal year ending June 30, 2008, to employees in positions for which coverage has been terminated. (b) Notwithstanding (a) of this section, the administrator may enter into a payment plan acceptable to the administrator for payment of an employer's liability for termination costs. Termination costs not paid as prescribed by (a) of this section or in accordance with an approved payment plan may be collected by the administrator in accordance with AS 39.35.610(b). (c) An employer requesting termination of all participation in the plan, termination of participation in the plan of a department, group, or other classification of employees, or a payment plan for payment of termination costs shall pay the cost associated with obtaining a termination cost study associated with the employer's termination.
AK Stat § 39.35.630 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 8. Participation by Political Subdivisions and Public Organizations.|Sec. 39.35.630. Distribution.

A distribution made as a result of termination of participation by an employer may, to the extent that no discrimination in value results, be paid in cash or in annuity contracts, in the discretion of the board.
AK Stat § 39.35.640 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 8. Participation by Political Subdivisions and Public Organizations.|Sec. 39.35.640. Conclusiveness of action taken upon termination.

In making a distribution, the determinations, divisions, appraisals, apportionments, and allotments made are final and conclusive and not subject to question.
AK Stat § 39.35.650 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 8. Participation by Political Subdivisions and Public Organizations.|Sec. 39.35.650. Refunds to employers.

An employer may not receive an amount from the plan, except as provided under AS 39.35.115(e).
AK Stat § 39.35.660 (2021)
2021 Alaska Statutes|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.|Sec. 39.35.660. Nonguarantee of employment.

AS 39.35.095 - 39.35.680 is not a contract of employment between an employer and an employee, nor does it confer a right of an employee to be continued in the employment of an employer, nor is it a limitation of the right of an employer to discharge an employee with or without cause.
AK Stat § 39.35.670 (2021)
2021 Alaska Statutes|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.|Sec. 39.35.670. Fraud.

A person who knowingly makes a false statement, or falsifies or permits to be falsified a record of this plan, in an attempt to defraud the plan is guilty of a class A misdemeanor.
AK Stat § 39.35.672 (2021)
2021 Alaska Statutes|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.|Sec. 39.35.672. Pension forfeiture.

The provisions of AS 37.10.310 apply to pension benefits under AS 39.35.095 - 39.35.680.
AK Stat § 39.35.675 (2021)
2021 Alaska Statutes|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.|Sec. 39.35.675. Inclusion of cost-of-living differentials in compensation and benefits.

(a) An employee shall make contributions to the plan based on compensation including a cost-of-living differential. (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. (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. (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.
AK Stat § 39.35.677 (2021)
2021 Alaska Statutes|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.|Sec. 39.35.677. Special rules for treatment of qualified military service.

(a) Notwithstanding any contrary provisions of AS 39.35.095 - 39.35.680, with respect to qualified military service, contributions shall be made and benefits and service credit shall be provided in accordance with 26 U.S.C. 414(u). (b) To the extent required by 26 U.S.C. 401(a)(37), if a member dies while performing qualified military service, as defined in 38 U.S.C. 43, the survivors of the member are entitled to any additional benefits that would have been provided to the survivors under the plan had the member resumed employment and then terminated employment on account of death. For purposes of this subsection, periods of qualified military service are not included in calculations of credited service. (c) Consistent with and to the extent required by 26 U.S.C. 414(u)(12), a member receiving differential wage payments from an employer shall be treated as employed by that employer, and the differential wage payment shall be treated as compensation for purposes of applying the limits on annual additions under 26 U.S.C. 415(b). For purposes of this subsection, “differential wage payment” means any payment that (1) is made by an employer to an individual with respect to any period during which the individual is performing service in the uniformed services, as defined in 38 U.S.C. 43, while on active duty for a period of more than 30 days; and (2) represents all or a portion of the wages the individual would have received from the employer if the individual were performing service for the employer.
AK Stat § 39.35.678 (2021)
2021 Alaska Statutes|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.|Sec. 39.35.678. Internal Revenue Code compliance.

(a) The administrator shall use forfeitures that arise for any reason, including from termination of employment or death, to reduce employer contributions. Forfeitures may not be applied to increase the benefits of any member. (b) The administrator shall determine the amount of any benefit that is determined on the basis of actuarial tables using assumptions approved by the commissioner. The amount of benefits is not subject to employer discretion. (c) Employee contributions paid to, and retirement benefits paid from, the plan may not exceed the annual limits on contributions and benefits, respectively, allowed by 26 U.S.C. 415. Notwithstanding any contrary provision of law, the administrator may modify a request by a member to make a contribution to a plan if the amount of the contribution would exceed the limits provided in 26 U.S.C. 415 by using the following methods: (1) if the law requires a lump sum payment for the purchase of service credit, the administrator may establish a periodic payment plan for the member to avoid a contribution in excess of the limits under 26 U.S.C. 415(c) or (n); (2) if a periodic payment plan under (1) of this subsection will not avoid a contribution in excess of the limits imposed by 26 U.S.C. 415(c), the administrator may either reduce the member's contribution to an amount within the limits of that section or refuse the member's contribution.
AK Stat § 39.35.700 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.700. Applicability of AS 39.35.700 - 39.35.990.

The provisions of AS 39.35.700 - 39.35.990 apply only to members first hired on or after July 1, 2006, to members who are employed by employers that do not participate in the defined benefit retirement plan established under AS 39.35.095 - 39.35.680, to former members as defined in AS 39.35.680, or to members who transfer into the defined contribution retirement plan under AS 39.35.940.
AK Stat § 39.35.710 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.710. Defined contribution retirement plan established; federal qualification requirements.

(a) A defined contribution retirement plan is established for employees of the state or a political subdivision or public organization of the state. (b) The defined contribution retirement plan is a plan in which savings are accumulated in an individual retirement account for the exclusive benefit of the member or beneficiaries. The plan is established effective July 1, 2006, at which time contributions by employers and members begin. (c) The retirement plan established by AS 39.35.700 - 39.35.990 is intended to qualify under 26 U.S.C. 401(a), 414(d), and 414(k) (Internal Revenue Code) as a qualified retirement plan established and maintained by the state for its employees, for the employees of political subdivisions, public corporations, and public organizations of the state, and for the employees of other employers whose participation is authorized by AS 39.35.700 - 39.35.990 and who participate in the plan set out in AS 39.35.700 - 39.35.990. Benefits under AS 39.35.880 are not provided by the defined contribution retirement plan. (d) An amendment to AS 39.35.700 - 39.35.990 does not provide a person with a vested right to a benefit if the Internal Revenue Service determines that the amendment will result in disqualification of the plan under the Internal Revenue Code.
AK Stat § 39.35.720 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.720. Membership.

An employee who becomes a member on or after July 1, 2006, shall participate in the plan set out in AS 39.35.700 - 39.35.990.
AK Stat § 39.35.725 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.725. Participation of elected officials of political subdivisions.

(a) An elected official of a political subdivision of the state that participates in both the plan and the defined benefit plan of AS 39.35.095 - 39.35.680 is a member of the plan if (1) the political subdivision covers elected officials under AS 39.35.600 - 39.35.650 and has designated elected officials under AS 39.35.957 as a classification of employees entitled to participate in the plan; and (2) the elected official receives compensation from the political subdivision for services as an elected official in the amount of at least $2,001 a month. (b) An elected official of a political subdivision of the state that participates in the plan but not the defined benefit plan of AS 39.35.095 - 39.35.680 is a member of the plan if (1) the political subdivision has designated elected officials under AS 39.35.957 as a classification of employees entitled to participate in the plan; and (2) the elected official receives compensation from the political subdivision for services as an elected official in the amount of at least $2,001 a month. (c) An elected official entitled to participate under this section, and who either has no previous service under the system with the political subdivision or is retired under the system, may file a waiver of participation in the plan with the administrator within 30 days after the later of June 7, 2007 or the date that the elected official's term of office begins. A waiver is irrevocable for the remainder of the elected official's service as an elected official or employee of the political subdivision.
AK Stat § 39.35.730 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.730. Contributions by members.

(a) Each member shall contribute to the member's individual account an amount equal to eight percent of the member's compensation from July 1 to the following June 30. (b) [Repealed, § 116(a) ch 20 SLA 2007.]  (c) The employer shall deduct the contribution from the member's compensation at the end of each payroll period, and the contribution shall be credited by the plan to the member's individual account. The contributions shall be deducted from the member's compensation before the computation of applicable federal taxes and shall be treated as employer contributions under 26 U.S.C. 414(h)(2). A member may not have the option of making the payroll deduction directly in cash instead of having the contribution picked up by the employer.
AK Stat § 39.35.740 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.740. Employment contributions mandatory.

Contributions of employees shall be made by payroll deductions. Every included employee shall be considered to consent to payroll deductions. It is of no consequence that a payroll deduction may cause the compensation paid in cash to an employee to be reduced below the minimum required by law. Payment of an employee's compensation, less payroll deductions, is a full and complete discharge and satisfaction of all claims and demands by the employee relating to remuneration of services during the period covered by the payment, except with respect to the benefits provided under the plan.
AK Stat § 39.35.750 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.750. Contributions by employers.

(a) An employer shall contribute to each member's individual account an amount equal to five percent of the member's compensation from July 1 to the following June 30. (b) An employer shall also contribute an amount equal to a percentage, as adopted by the board, of each member's compensation from July 1 to the following June 30 to pay for retiree major medical insurance. This contribution shall be paid into the Alaska retiree health care trust established by the commissioner of administration under AS 39.30.097(b) and shall be accounted for in accordance with regulations established by the commissioner. (c) Notwithstanding (b) of this section, the employer contribution for retiree major medical insurance for fiscal year 2007 shall be 1.75 percent of each member's compensation from July 1 to the following June 30. (d) An employer shall also make contributions to the health reimbursement arrangement plan under AS 39.30.370. (e) An employer shall make annual contributions to a trust account in the plan, applied as a percentage of each member's compensation from July 1 to the following June 30, in an amount determined by the board to be actuarially required to fully fund the cost of providing occupational disability and occupational death benefits under AS 39.35.700 - 39.35.990 and retirement benefits elected by disabled peace officers and firefighters under AS 39.35.890(h)(2). The contribution required under this subsection for peace officers and firefighters and the contribution required under this subsection for other employees shall be separately calculated based on the actuarially calculated costs for each group of employees.
AK Stat § 39.35.760 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.760. Rollover contributions and distributions.

(a) An employee entering the plan may elect, at the time and in the manner prescribed by the administrator, to have all or part of a direct rollover distribution from an eligible retirement plan owned by the member paid directly into the member's individual account. (b) Rollover contributions do not count as a purchase of membership service for the purpose of determining years of service. (c) A distributee may elect, at the time and in the manner prescribed by the administrator, to have all or part of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in the direct rollover. (d) In this section, (1) “direct rollover” means the payment of an eligible rollover distribution by the plan to an eligible retirement plan specified by a distributee who is eligible to elect a direct rollover; (2) “distributee” means a member, or a beneficiary who is the surviving spouse of the member, or an alternate payee; (3) “eligible retirement plan” means (A) an individual retirement account described in 26 U.S.C. 408(d)(3)(A); (B) an annuity plan described in 26 U.S.C. 403(a); (C) a qualified trust described in 26 U.S.C. 401(a); (D) an annuity plan described in 26 U.S.C. 403(b); (E) a governmental plan described in 26 U.S.C. 457(b); (F) an individual retirement annuity defined in 26 U.S.C. 408(b); or (G) on or after January 1, 2008, a Roth IRA described in 26 U.S.C. 408A; (4) “eligible rollover distribution” means a distribution of all or part of a total account to a distributee, except for (A) a distribution that is one of a series of substantially equal installments payable not less frequently than annually over the life expectancy of the distributee or the joint and last survivor life expectancy of the distributee and the distributee's designated beneficiary, as defined in 26 U.S.C. 401(a)(9); (B) a distribution that is one of a series of substantially equal installments payable not less frequently than annually over a specified period of 10 years or more; (C) a distribution that is required under 26 U.S.C. 401(a)(9); (D) the portion of any distribution that is not includable in gross income; however, a portion under this subparagraph may be transferred only to an individual retirement account or annuity described in 26 U.S.C. 408(a) or (b), to a qualified plan described in 26 U.S.C. 401(a) or 403(a), or to an annuity contract described in 26 U.S.C. 403(b), that agrees to separately account for amounts transferred, including separately accounting for the portion of the distribution that is includable in gross income and the portion of the distribution that is not includable in gross income; and (E) other distributions that are reasonably expected to total less than $200 during a year.
AK Stat § 39.35.770 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.770. Transmittal of contributions; claims against funds of an employer.

(a) All contributions deducted in accordance with AS 39.35.700 - 39.35.990 shall be transmitted to the plan for deposit in the appropriate account or trusts as soon as administratively feasible, but in no event later than 15 days following the close of the payroll period. (b) If contributions are not transmitted within the prescribed time limit, interest shall be assessed on the outstanding contributions at the rate established under AS 39.35.610 from the date that contributions were originally due. Amounts due from an employer and interest as prescribed in this subsection may be claimed by the administrator from any agency of the state or political subdivision that has in its possession funds of the employer or that is authorized to disburse funds to the employer that are not restricted by statute or appropriation to a specific purpose. The amount claimed shall be certified by the administrator as sufficient to pay the contributions and interest due from the employer. The amount claimed shall be submitted to the administrator for deposit in the appropriate account or trusts. (c) Employers are responsible for administrative fees, investment fees, and investment losses charged to accounts established under AS 39.35.730 resulting from contribution adjustments due to employers enrolling members in the plan before the members are eligible for membership. Contributions made by employees shall be returned to the employer by reducing future employee contributions due. Contributions, net of fees and investment losses, made by employers shall be used to reduce future employer contributions due.
AK Stat § 39.35.780 (2021)
2021 Alaska Statutes|Title 39. Public Officers and Employees|Chapter 35. Public Employees' Retirement System of Alaska|Article 10. Employees First Hired on or after July 1, 2006.|Sec. 39.35.780. Limitations on contributions and benefits.

Notwithstanding any other provisions of this plan, the annual additions to each member's individual account under this plan and under all defined contribution plans of the employer required to be aggregated with the contributions from this plan under the provisions of 26 U.S.C. 415 may not exceed, for any limitation year, the amount permitted under 26 U.S.C. 415(c) at any time. If the amount of a member's individual account contributions exceeds the limitation of 26 U.S.C. 415(c) for any limitation year, the administrator shall take any necessary remedial action to correct an excess contribution. A fixed benefit provided under this plan may not exceed, for or during a limitation year, the amount permitted under 26 U.S.C. 415(b). If a fixed benefit provided under this plan exceeds, for or during a limitation year, the amount permitted under 26 U.S.C. 415(b), the administrator shall take remedial action necessary to comply with the limits on the benefit amount in 26 U.S.C. 415(b). The provisions of 26 U.S.C. 415, and the regulations adopted under that statute, as applied to qualified plans of governmental employees are incorporated as part of the terms and conditions of the plan.