Alaska § 26.05.228 - Accounting and investment.
Full text of Alaska Alaska Statutes § 26.05.228 — Accounting and investment., with citation guidance and answers to common questions.
§ 26.05.228. Accounting and investment.
(a) The commissioner of administration shall establish a military retirement trust fund for the system in which the assets of the system are deposited and held. The commissioner shall maintain accounts and records for the system.
(b) All income of the fund and all disbursements made by the fund shall be credited or charged, whichever is appropriate, to the following accounts: (1) an individual account for each retired member of the system that records the benefits paid under this system to the member or surviving beneficiary;
(2) a separate account for the Department of Military and Veterans' Affairs' contribution to fund the system based on the actuarial requirements of the system as established by the commissioner of administration under AS 26.05.222 — 26.05.229;
(3) an expense account for the system; this account is charged with all disbursements representing administrative expenses incurred by the system; expenditures from this account are included in the governor's budget for each fiscal year.
(c) The Alaska Retirement Management Board is the fiduciary of the fund and has the same powers and duties under this section in regard to the fund as are provided under AS 37.10.220 .
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 26.05.228
What does Alaska Statutes § 26.05.228 cover?
Section 26.05.228 ("Accounting and investment.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 26.05.228?
A common citation format is "Alaska Statutes § 26.05.228" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 26.05.228 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.