Alaska § 14.25.150 - Refund upon termination.
Full text of Alaska Alaska Statutes § 14.25.150 — Refund upon termination., with citation guidance and answers to common questions.
§ 14.25.150. Refund upon termination.
(a) Except as provided in (b) of this section, a terminated member is entitled to a refund of the balance of the member contribution account. A member is not entitled to a refund of supplemental contributions except as provided in AS 14.25.160 (a).
(b) A member who is terminated and is a vested member, deferred vested member, or who is entitled to benefits under AS 14.25.125 , and who is married at the time of application for a refund or whose rights to a refund are subject to a qualified domestic relations order is entitled to receive a refund of the balance of the member contribution account only if the member's present spouse and each person entitled under the order consent to the refund in writing on a form provided by the administrator. The administrator may waive written consent from the person entitled under the order if the administrator determines that the person cannot be located or for other reasons established by regulation. The administrator may waive written consent from the spouse if the administrator determines that (1) the member was not married to the spouse during any period of the member's employment with an employer;
(2) the spouse has no rights to benefits under AS 14.25.009 — 14.25.220 because of the terms of a qualified domestic relations order;
(3) the spouse cannot be located;
(4) the member and spouse have been married for less than two years and the member establishes that they are not cohabiting; or
(5) another reason established by regulation exists.
(c) A member who has received a refund of contributions in accordance with this section forfeits corresponding credited service under AS 14.25.009 — 14.25.220.
Frequently Asked Questions About Alaska § 14.25.150
What does Alaska Statutes § 14.25.150 cover?
Section 14.25.150 ("Refund upon termination.") 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 § 14.25.150?
A common citation format is "Alaska Statutes § 14.25.150" (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 § 14.25.150 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.