HB0038a -1- HB 38
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34-LS0166\A
HOUSE BILL NO. 38
IN THE LEGISLATURE OF THE STATE OF ALASKA
THIRTY-FOURTH LEGISLATURE - FIRST SESSION
BY REPRESENTATIVE SADDLER
Introduced: 1/17/25
Referred: Prefiled
A BILL
FOR AN ACT ENTITLED
"An Act relating to eligibility of employers in the teachers' retirement system to 1
participate in a supplemental employee benefits program; and providing for an effective 2
date." 3
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 4
* Section 1. AS 39.30.170(a) is amended to read: 5
(a) An employer in the teachers' retirement system (AS 14.25) that does
6
not participate in the federal social security system may become a participating 7
employer in the employee benefits program under AS 39.30.150 - 39.30.180 [, IF 8
(1) THE EMPLOYER PARTICIPATES AS AN EMPLOYER IN 9
THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM UNDER AS 39.35; AND 10
(2) THE EMPLOYER 11
(A) IS ELIGIBLE FOR MEMBERSHIP IN BUT HAS 12
NEVER ELECTED TO BECOME A MEMBER OF THE FEDERAL 13
SOCIAL SECURITY SYSTEM; OR 14 34-LS0166\A
HB 38 -2- HB0038a
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(B) WITHDRAWS FROM MEMBERSHIP IN THE 1
FEDERAL SOCIAL SECURITY SYSTEM]. 2
* Sec. 2. AS 39.30.180(3) is amended to read: 3
(3) "participating employer" means 4
[(A) THE STATE OF ALASKA; AND 5
(B)] an employer, 6
[(i) WHO IS AN EMPLOYER] as defined in 7
AS 14.25.220 or AS 39.35.680, that does not participate [; 8
(ii) WHO HAS NEVER PARTICIPATED IN OR HAS 9
WITHDRAWN FROM PARTICIPATION] in the federal social 10
security system [; AND 11
(iii) WHOSE PARTICIPATION IN THE 12
SUPPLEMENTAL EMPLOYEE BENEFIT PROGRAM HAS BEEN 13
APPROVED BY THE COMMISSIONER]. 14
* Sec. 3. This Act takes effect July 1, 2025. 15