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Contact

Payroll Department: 
Payroll@matsuk12.us
907-761-4357, Option 4

Retirement and Benefits

Welcome to the MSBSD Retirement and Benefits page!

MSBSD offers a range of benefits to support employee health, financial security, and overall well-being. Whether you are planning for the future, focusing on your health, or planning for your financial future, these benefits are designed to meet your needs.

Browse the options below to learn more about the available benefits.

Explore Benefits

Below is a brief overview of each benefit. Click the logo or benefit title to view detailed information and learn more.

Alaska 529

Alaska 529 is a tax-advantaged investment account designed to help families save for education expenses.

FMLA/AFLA

The Family and Medical Leave Act (FMLA) and the Alaska Family Leave Act (AFLA) provide eligible employees with a limited amount of unpaid job-protected leave for certain family and medical reasons.

Health Savings Account (HSA)

The District contributes to eligible employees' HSAs in accordance with the terms of the applicable negotiated agreements. 

Life Insurance

The District provides life insurance through New York Life for employees working at least 0.25 FTE. Employees may also purchase additional coverage to meet their individual needs. 

Matching Contributions

The District provides a matching contribution to administrative and certified employees' 403(b) or 457(b) accounts as outlined in the applicable negotiated agreements. 

Supplemental Annuity Plan (SBS)

A portion of eligible employees' wages, plus a matching employer contribution, is directed pre-tax to the Alaska Supplemental Annuity (SBS) Plan—administered by Empower Retirement—instead of Social Security, per Alaska law. 

Take Quick Action

For quick access to benefit-related forms and actions, select an option below.

Latest News and Announcements

For more details, click the article image or title. 

Save the Date! 10th Annual Employee Benefit Fair

Save the date and join us on November 15, 2025, at the Administration Building for the Employee Benefit Fair! Explore your retirement benefits, investment options, health coverage, and voluntary supplemental plans—all in one convenient place. Connect with local vendors specializing in health, finance, and wellness, and take advantage of fun prizes and giveaways!

Key Highlights:

Retirement Information  Sessions:

From 9 AM to 3 PM, attend an information session designed for each retirement tier group. This is a valuable opportunity to learn about your retirement plan from a State of Alaska retirement counselor and get answers to your questions. The time for each group’s session will be provided in the coming weeks.

Mobile Mammograms:

The Providence Mobile Mammogram Bus will be on-site, offering convenient mammogram screenings for women aged 40 and older. Don’t miss out—call 907-212-3151 to reserve your spot.

Vendor Fair:

Meet and chat with local businesses offering services in health, financial planning, and wellness.

Prizes and Giveaways:

Just for attending, you may enter to win exciting prizes! Many vendors will also have their own giveaways—don’t miss your chance to win.

Keep an eye out for emails from Postmaster in the coming weeks with additional information.

Prior Authorization Required

New Requirement for Premera BCBS health plan members:

Effective July 1, 2025, prior authorization is required following the initial consultation for outpatient rehabilitation services, such as:

  • Massage Therapy

  • Physical Therapy (PT)

  • Occupational Therapy (OT)

For more information, click the article image or title above.

HSA Transfers From American Fidelity to Voya

Important Information About Health Savings Account (HSA) Balance Transfers to Voya:

Reminder:
Employees who have completed the electronic transfer agreement to move their HSA funds from American Fidelity to Voya will not have access to their American Fidelity HSA funds during the transfer period.

Transfer Period:
Your American Fidelity HSA funds will be unavailable from August 29 to September 18, 2025, while the balances are being transferred.

Access to Voya Funds:

  • If your Voya HSA is open and funded, you can use those funds during the transfer period.

  • If your Voya HSA is not yet funded, please plan for alternative payment methods for medical expenses during this time. Be sure to keep your receipts, as you can reimburse yourself from your Voya HSA once the transfer is complete.

For Employees Who Have Not Completed the Transfer Agreement:
You will continue to have access to your American Fidelity HSA funds; however, a $2 monthly maintenance fee will apply. If you wish to transfer your funds to Voya but did not complete the electronic transfer agreement, you may still do so, subject to a $25 transfer fee. 

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