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- Alaska Statutes.
- Title 14. Education, Libraries, and Museums
- Chapter 40. The University of Alaska and the Community Colleges
- Section 691. Contributions.
previous:
Section 685. - 14.40.690 [Renumbered as AS
14.44.025 - 14.44.030].
next:
Section 695. - 14.40.700 [Renumbered as AS
14.44.035 - 14.44.050].
AS 14.40.691. Contributions.
(a) The university shall contribute on behalf of each employee participating in the program an amount established by the
board.
(b) An employee participating in the program shall contribute to the program an amount established by the board.
(c) The board may specify that contributions required by this section are made by a reduction in salary under 26 U.S.C.
403(b) or 26 U.S.C. 414(h)(2) (Internal Revenue Code).
(d) The financial officer of the university shall pay the contributions authorized or required by this section to the
designated company or companies for the benefit of each participant.
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