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Current as of January 01, 2022 | Updated by FindLaw Staff
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 retirement payment is made. For a justice or judge who was first employed in this retirement system on or after July 1, 1996, base annual salary does not include remuneration in excess of the limitations set out in 26 U.S.C. 401(a)(17) (Internal Revenue Code).
Cite this article: FindLaw.com - Alaska Statutes Title 22. Judiciary § 22.25.020. Retirement pay - last updated January 01, 2022 | https://codes.findlaw.com/ak/title-22-judiciary/ak-st-sect-22-25-020/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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