Sec. 22.25.048. Judicial retirement trust fund; accounting and investment.
(a) The commissioner of administration shall establish a judicial retirement trust fund for the judicial retirement system in which the assets of the system are deposited and held. The trust fund is subject to the restrictions of (h) of this section. The commissioner shall maintain accounts and records for the system. (b) All income of […]
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. 22.25.020. Retirement pay.
Except as provided in AS 22.25.023(b), a retired justice or judge eligible for retirement pay shall receive from the date of eligibility until death monthly retirement pay equal to five percent per year of service, to a maximum of 75 percent, of the monthly salary authorized for justices and judges, respectively, at the time each […]
Sec. 22.25.021. Distribution requirements.
(a) The entire interest of a member must be distributed or must begin to be distributed not later than the member’s required beginning date. (b) If a member dies after the distribution of the member’s interest has begun but before the distribution has been completed, the remaining portion of the interest shall continue to be […]
Sec. 22.25.022. Rollover distributions and rollover contributions.
(a) 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. (b) The system does not accept contributions of eligible rollover distributions. (c) In this […]
Sec. 22.20.200. DNA evidence information.
The judicial council shall periodically review and distribute information relevant to the technical, legal, and scientific use of deoxyribonucleic acid (DNA) profiles in criminal proceedings to (1) judges and magistrates; (2) the Department of Law; (3) the Public Defender Agency; (4) the office of public advocacy.
Sec. 22.25.023. Limitation on benefits; maximum annual compensation.
(a) Notwithstanding any other provisions of this chapter, the projected annual benefit provided by this chapter and the benefit from all other defined benefit plans required to be aggregated with the benefits from this system under the provisions of 26 U.S.C. 415 may not increase to an amount in excess of the amount permitted under […]