Alaska SB81 sets minimum contribution rates for employers in the teachers' retirement system and the Public Employees' Retirement System of Alaska.
Alaska SB81 amends the state statutes to establish minimum annual employer contribution rates for the teachers' retirement system and the Public Employees' Retirement System of Alaska. These rates must be sufficient to cover the employer's normal cost, the amount needed to liquidate past service liability, and specific employer contributions required by law. The changes take effect immediately upon enactment.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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