2 AAC 35.430 - Interest on individual accounts
(a) The prescribed
rate of interest to be credited to employee contribution accounts in the
defined benefit plan of the Public Employees' Retirement System (AS
39.35.095-39.35.680) is four and one-half
percent.
(b) This plan is not
liable for interest on contributions which cannot be posted to the individual
account.
Notes
Authority:AS 39.35.003
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