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Most public employees in Alaska do not participate in Social Security.
The Post Retirement Pension Adjustment If you meet these requirements or are age 60 to 64 on July 1, 2023, you will receive 50% (3.948%) of the Consumer Price Index (CPI) change during 2022. Retirees aged 65 or older and all disability benefit recipients receive 75% (5.923%) of the CPI.
We are dedicated to working with you to answer your retirement plan questions and prepare you for retirement readiness. You can call us toll-free at (800) 821-2251 or in Juneau at (907) 465-4460 and speak with a highly-trained Retirement Specialist who can answer your questions right over the phone.
If you have any questions about this information, please contact your AlaskaCare plan administrator at (800) 821-2251.
Age 60 for normal retirement or age 55 for early retirement if you first entered the PERS on or after July 1, 1986 (Tier II or Tier III).