An Act relating to occupational disability benefits for peace officers and firefighters; and providing for an effective date.
(S) REFERRED TO FINANCE
Summary
The bill changes Alaska’s occupational disability rules so that peace officers and firefighters who leave work because of a disability receive 40% of their last salary, and that amount rises to 75% after the first year. It also makes them fully vested in employer retirement contributions while they receive benefits and requires employers to keep contributing to their retirement accounts. The changes take effect immediately.
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