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SB 58: "An Act relating to the longevity bonus program." 

00SENATE BILL NO. 58                                                                                                      
01 "An Act relating to the longevity bonus program."                                                                       
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1.  AS 47.45.010(a) is amended to read:                                                                    
04  (a)  A person who is 65 years of age or over, who reached that age before                                            
05 January 1, 1997, and who resides in the state for at least one year immediately                                        
06 preceding application for a longevity bonus under this chapter, may apply to the                                        
07 commissioner of administration for qualification to receive a monthly bonus                                             
08   (1)  of $250, if the person reached the age of 65 before January 1,                                               
09 1994;                                                                                                                   
10   (2)  of $200, if the person reached the age of 65 on or after                                                      
11 January 1, 1994, but before January 1, 1995;                                                                            
12   (3)  of $150, if the person reached the age of 65 on or after                                                      
13 January 1, 1995, but before January 1, 1996; or                                                                         
14   (4)  of $100, if the person reached the age of 65 on or after                                                      



01 January 1, 1996, but before January 1, 1997.                                                                           
02    * Sec. 2.  AS 47.45.010 is amended by adding a new subsection to read:                                               
03  (e)  To be eligible for a bonus under this chapter, a person must reach the age                                       
04 of 65 before January 1, 1997.