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Alaska Statutes.
Title 39. Public Officers and Employees
Chapter 45. Public Employees' Deferred Compensation Program
Section 20. Administration of Program.
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next: Section 21. Accounting and Disposition of Fees. [Repealed, Sec. 28 Ch 90 SLA 1991].

AS 39.45.020. Administration of Program.

(a) The administration of the deferred compensation program for state employees is under the direction of the Department of Administration. A political subdivision coming under the provisions of this chapter shall designate the office or official to administer its program.

(b) Payroll deductions are authorized by this chapter and shall be made by the appropriate payroll officer.

(c) The administrator of a deferred compensation program may contract with a private person for providing consolidated billing and other administrative services. The administrator may contract with an insurance carrier to reimburse the state or political subdivision of the state for the cost of administering the deferred compensation program.


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Last modified 9/3/2005