Plain English Breakdown
The official source material does not provide specific details about the impact on non-disabled veterans or employees outside of Alaska.
Disabled Veterans: Retirement Benefits
This act modifies retirement benefit rules to allow disabled veterans who have served in the military to retire earlier than other employees if they meet certain criteria.
What This Bill Does
- Changes the age requirement for retired veterans with disabilities from 60 years old to any age if they are rated by the U.S. Department of Veterans Affairs as permanently and totally disabled due to a service-connected condition.
Who It Names or Affects
- Disabled veterans who have served in the military and are rated by the U.S. Department of Veterans Affairs.
- Employees working for the state of Alaska who meet retirement requirements.
Terms To Know
- Credited service
- The amount of time an employee has worked that counts towards their retirement benefits.
- Service-connected condition
- An injury or illness that happened because of military service or was made worse by it.
Limits and Unknowns
- It is not clear how many disabled veterans will be affected by this change.
- The bill does not specify when the changes to retirement benefits will take effect.