Sec. 22.25.080. Tax exemption.
Benefits paid under this chapter are exempt from state and municipal income taxes.
Sec. 22.25.090. Medical benefits.
(a) Except as provided in (c) of this section, the following persons are entitled to major medical insurance coverage: (1) a person receiving a monthly benefit under this chapter; (2) the spouse of a person receiving a monthly benefit under this chapter; (3) a natural or adopted child of a person receiving a monthly benefit […]
Sec. 22.25.100. Exemption of retirement funds and benefits.
Employee contributions and other amounts held in the judicial retirement system and benefits payable under this chapter are exempt from garnishment, execution, and levy as provided in AS 09.38 (Alaska Exemptions Act).
Sec. 22.25.110. Special rules for treatment of qualified military service.
(a) Notwithstanding any contrary provisions of this chapter, 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. […]
Sec. 22.25.800. Pension forfeiture.
The provisions of AS 37.10.310 apply to pension benefits under this chapter.
Sec. 22.25.900. Definitions.
In this chapter, unless the context otherwise requires, (1) “actuarial equivalent” means the adjustment necessary to obtain equality in value of the aggregate expected payments under two different forms of pension payments, considering expected mortality and interest earnings on the basis of assumptions, factors, and methods specified in regulations issued under the system that are […]
Sec. 22.25.033. Claim for survivor’s benefits.
A person claiming entitlement to benefits payable under this chapter as a consequence of a justice’s or judge’s death shall provide the commissioner of administration with a marriage certificate, divorce or dissolution judgment, or other evidence of entitlement. Documents establishing entitlement may be filed with the commissioner immediately after a change in the justice’s or […]
Sec. 22.25.035. Rights under a qualified domestic relations order.
A former spouse who was married to a justice or judge for at least one year shall be treated as a spouse or surviving spouse under this chapter to the extent required by a qualified domestic relations order. Rights under the order do not take effect until the order is filed with the administrator.
Sec. 22.25.041. Refund of contributions.
(a) Except as provided in (c) of this section, a justice or judge who vacates office for any reason and who has not then accrued five years of creditable service under this chapter is entitled to receive a refund of the total amount of contributions, including principal and interest payments on indebtedness, together with interest […]
Sec. 22.25.046. Employer contributions.
(a) The state court system shall contribute to the judicial retirement system at the rate established by the commissioner of administration. The contribution rate shall be based on the results of an actuarial valuation of the judicial retirement system. The results of the actuarial valuation shall be based on actuarial methods and assumptions adopted by […]