This paper presents the Alaska edition of the National Council on Teacher Quality's 2008 "State Teacher Policy Yearbook". The 2008 "Yearbook" focuses on how state policies impact the retention of effective new teachers. This policy evaluation is broken down into three areas that encompass 15 goals. Broadly, these goals examine the impact of state policy on 1) identifying effective teachers, 2) retaining those deemed effective and 3) exiting those deemed ineffective. While Alaska is making progress toward meeting some of the goals, significant room for improvement remains in many others. The state completely missed seven goals, met a small portion of three, partially met one, nearly met one and fully met three, including one best practice designation. Alaska's best performances are in its pension plan policies and its articulated consequences for teachers with unsatisfactory evaluations. The state has the most work to do on making tenure decisions meaningful, requiring effective induction for all new teachers, ensuring only factors that advance teacher effectiveness are required for permanent licenses and strengthening some policies regarding teacher compensation. Alaska's progress toward meeting these goals is summarized. The body of the report provides a more detailed breakdown of the state's strengths and weaknesses in each area. Alaska has an overall performance of D+ for 2008. Goals for each area are appended. (Contains 57 figures.) [Additional support was provided by The Teaching Commission. For the national report, see ED514690.]