§ 24-4-740. Transfer of Director of the Administrative Office of Courts to Arkansas Public Employees’ Retirement System
(a) Effective July 1, 1993, the Director of the Administrative Office of the Courts shall cease to be a member of the Arkansas Judicial Retirement System. At that time, the director shall become a member of the Arkansas Public Employees’ Retirement System. (b) (1) (A) The retirement and survivors’ benefit to be received by the […]
§ 24-4-742. Credit for service with various local units of government
(a) Any full-time employee of a public facilities board, rural waterworks facilities board, regional solid waste management board, joint county and municipal sanitation authority, regional water distribution board, public rehabilitation services corporation, or other local unit of government enrolled in the Arkansas Public Employees’ Retirement System pursuant to this act who is a full-time employee […]
§ 24-4-522. Applicability of benefit provisions
(a) The benefit provisions of this chapter shall be applicable to specified members of the Arkansas Public Employees’ Retirement System. (b) (1) The noncontributory benefit provisions of this chapter shall be applicable to each person who has never been a member of the Arkansas Public Employees’ Retirement System before January 1, 1978, and who is […]
§ 24-4-617. Increase in monthly benefit amount — 1997
On July 1, 1997, the monthly retirement benefit payable to retirants and beneficiaries of the Arkansas Public Employees’ Retirement System who retired on or before June 1, 1997, shall be increased by three percent (3%) of the benefit payable on June 1, 1997.
§ 24-4-601. Straight life annuity generally
(a) (1) Beginning July 1, 2001, any member who retires as provided in § 24-4-508 or §§ 24-4-510 — 24-4-512 shall receive a straight life annuity for each year of contributory service credit equal to two and seven-hundredths percent (2.07%) of the member’s final average compensation multiplied by the number of years and fraction of […]
§ 24-4-618. Increased benefits for persons retired before July 1, 1999
On July 1, 1999, and thereafter, the monthly benefit payable to the retirants and the beneficiaries of retirants of the Arkansas Public Employees’ Retirement System who retired before July 1, 1989, shall be increased by an amount equal to one percent (1%) of the benefit payable on June 1, 1999, for each year or portion […]
§ 24-4-602. Payment of annuity balance upon death of retirant or member
(a) In the event a retirant who is in receipt of a straight life annuity dies before he or she has received in straight life annuity payments an aggregate amount equal to his or her accumulated contributions standing to his or her credit in the members’ deposit account at the time of his or her […]
§ 24-4-619. Increased benefits for persons retired before June 1, 1999
In addition to the monthly retirement benefit increase provided in § 24-4-618, each retirant and beneficiary of a retirant of the Arkansas Public Employees’ Retirement System who retired on or before June 1, 1999, shall receive an increase in his or her monthly benefit of fifty dollars ($50.00).
§ 24-4-603. Refund of contributions
(a) In the event a former member has left the employ of a participating public employer and requests a refund of his or her accumulated contributions, he or she shall be paid the contributions upon his or her written application for a refund on a form to be supplied by the Arkansas Public Employees’ Retirement […]
§ 24-4-620. Partial annuity withdrawal provision
(a) Any member who does not terminate employment and retire on the date that member meets the age and service requirements of § 24-4-508 for an unreduced annuity and has not elected to participate in the Deferred Retirement Option Plan as provided in § 24-4-801 et seq. may elect at the time of retirement to […]