Alaska HB107 amends supplemental employee benefit plans, including retirement benefits for peace officers and firefighters.

Alaska HB107 modifies the supplemental employee benefit plans by changing the employer contribution rates and expanding the benefit options available to participating employees. Employers must now contribute 6.13 percent of an employee's wages up to the taxable wage base into individual employee annuity accounts. Participating employees can choose from supplemental health, death, disability, and dependent care benefits. The bill also adjusts the contribution rates for peace officers and firefighters, with employers contributing 9.74 percent of their compensation.

Alaska HB107 amends supplemental employee benefit plans, including retirement benefits for peace officers and firefighters.

Alaska HB107 modifies the supplemental employee benefit plans by changing the employer contribution rates and expanding the benefit options available to participating employees. Employers must now contribute 6.13 percent of an employee's wages up to the taxable wage base into individual employee annuity accounts. Participating employees can choose from supplemental health, death, disability, and dependent care benefits. The bill also adjusts the contribution rates for peace officers and firefighters, with employers contributing 9.74 percent of their compensation.