Section 2 AAC 36.234 - Eligible for normal retirementFor purposes of AS 14.25.130(e), eligible for normal retirement means:
(1) for a member first joining the system before July 1, 1990, reaches age 55 with at least 8 years of credited service for which no indebtedness is due or accrues sufficient paid-up credited service, including credited service accrued as a result of the disability, to entitle the member to retire under AS 14.25.110(a)(1), (4), (5), (6), or (7), whichever comes first;(2) for a member first joining the system on or after July 1, 1990, reaches age 60 with at least 8 years of credited service for which no indebtedness is due or accrues sufficient paid-up credited service, including credited service accrued as a result of the disability, to entitle the member to retire under AS 14.25.110(a)(1), (4), (5), (6), or (7), whichever occurs earlier.Eff. 4/20/2001, Register 179Even though the adoption of 2 AAC 36.234 was effective 4/20/2001, it was not published until Register 179, October 2006.