A. The city is a member of the State of Alaska Public Employees Retirement System. All new employees hired after June 1, 1991, are required to be part of this plan if they meet the minimum requirements of the state system.

B. To apply for retirement, the completed PERS form must be received in the PERS office in the month before retirement benefits become payable. Benefits are not paid retroactively, unless payment was delayed by the PERS office. After receipt of an application for retirement, PERS will then return forms that must be completed by the employee and the city. [Ord. 05-15 § 2; Ord. 202 § 3.115, 1992.]