§ 24-1-204. Agreements with federal government and other states
(a) The Arkansas Public Employees’ Retirement System is authorized to enter, on behalf of the state, into a Section 218 agreement consistent with the terms and provisions of this subchapter, with the Commissioner of Social Security for the purpose of extending the benefits of the federal old age, survivors’ and disability insurance, and health insurance […]
§ 24-1-205. Plans for employees of political subdivisions
Each political subdivision of the state is authorized to submit for approval by the Arkansas Public Employees’ Retirement System a plan for extending the benefits of Title II of the Social Security Act, 42 U.S.C. § 301 et seq., in conformity with the applicable provisions of that act, to employees of the political subdivisions. Each […]
§ 24-1-206. Agents
(a) For the purpose of entering into agreements with the Arkansas Public Employees’ Retirement System, the following named officers are authorized and empowered to make the agreement on behalf of their agency or political subdivision: (1) (A) (i) The board of control of each state institution or agency having a board or the administrative head […]
§ 24-1-207. Contributions — State employees
(a) Every employee of the state whose service is covered by a Section 218 agreement entered into under § 24-1-204 shall be required to pay contributions, for the period of the coverage, with respect to wages as defined in § 24-1-202, equal to the amount of tax levied under the Social Security Act, 42 U.S.C. […]
§ 24-1-208. Contributions — Employees of political subdivisions
(a) (1) Each political subdivision as to which a plan has been approved under § 24-1-205, with respect to wages as defined in § 24-1-202 and at such time or times as the Arkansas Public Employees’ Retirement System may by rule prescribe, shall pay contributions in the amounts and at the rates specified in the […]
§ 24-1-213. Studies and reports
(a) The Arkansas Public Employees’ Retirement System shall make studies concerning the problem of old age, survivors’ and disability insurance, and health insurance protection for employees of the state and its political subdivisions and studies concerning the operation of agreements made and plans approved under this subchapter. (b) The system shall submit a report at […]
§ 24-1-301. Definitions
As used in this subchapter: (1) “Beneficiary” means an individual who receives or is designated by a member or retirant to receive a plan benefit under a retirement system; and (2) “Retirement system” means: (A) The Arkansas Teacher Retirement System, established by the Arkansas Teacher Retirement System Act, § 24-7-201 et seq.; (B) The Arkansas […]
§ 24-1-302. Forfeiture of benefits
(a) (1) A beneficiary forfeits his or her right to benefit payments under a retirement system if he or she: (A) Is convicted by a court of competent jurisdiction of the unlawful killing of the member or retirant; (B) Pleads guilty or nolo contendere to the unlawful killing of the member or retirant; (C) Is […]
§ 24-1-303. Suspension of benefit payments
(a) A retirement system may suspend benefit payments to a beneficiary if the retirement system: (1) Receives the written notice required under § 24-1-304 from a prosecuting attorney; or (2) Has reasonable cause to believe that the beneficiary will be charged with the unlawful killing of the member or retirant. (b) If benefit payments are […]
§ 24-1-304. Notice to retirement system
(a) A prosecuting attorney shall send written notice by certified mail, return receipt requested, to the executive director or executive secretary of the applicable retirement system when a beneficiary: (1) Is charged with an offense described under § 24-1-302; or (2) (A) Will not be charged with an offense described under § 24-1-302. (B) If […]