§ 24-4-727. War Memorial Stadium Commission employees
(a) The Board of Trustees of the Arkansas Public Employees’ Retirement System is directed to include within the membership of the Arkansas Public Employees’ Retirement System, as created by this chapter, all employees of the War Memorial Stadium Commission who are not members of, or eligible for membership in, some other state-supported retirement system other […]
§ 24-4-729. Conservation district employees
(a) The Board of Trustees of the Arkansas Public Employees’ Retirement System is directed to include within the membership of the Arkansas Public Employees’ Retirement System, as created by this chapter, all employees of conservation districts organized and operating under the provisions of this chapter. (b) (1) (A) The effective date of membership of the […]
§ 24-4-611. Minimum monthly benefit
All persons who are now vested or who hereafter vest under the Arkansas Public Employees’ Retirement System or the Arkansas State Highway Employees’ Retirement System shall be entitled to a minimum monthly benefit of one hundred fifty dollars ($150).
§ 24-4-612. Increase in benefits
(a) On July 1, 1991, the monthly retirement benefit payable to retirants and beneficiaries of the Arkansas Public Employees’ Retirement System, who retired June 1, 1991, or before, shall be increased by four percent (4%) of the benefit payable on June 1, 1991. (b) The increase in benefits provided in subsection (a) of this section […]
§ 24-4-613. Benefits for contributory members
(a) All contributory members of the Arkansas Public Employees’ Retirement System who are retired as of August 13, 1993, or who retire after August 13, 1993, shall receive benefits at least equal to the amount of benefits they would have received had they retired as noncontributory members of the system. (b) The provisions of this […]
§ 24-4-614. Increase in monthly benefit amount — 1993
(a) On July 1, 1993, the monthly retirement benefit payable to retirants and beneficiaries of the Arkansas Public Employees’ Retirement System who retired on June 1, 1993, or before, shall be increased by two and sixty-one hundredths percent (2.61%) of the benefit payable on June 1, 1993. (b) The increase in benefits provided in subsection […]
§ 24-4-615. Maximum benefit limitation
(a) Notwithstanding any other provision of this chapter, benefits paid under the provisions of this chapter shall not exceed the limitations of the Internal Revenue Code, 26 U.S.C. § 415 that are applicable to governmental retirement plans. (b) (1) The Board of Trustees of the Arkansas Public Employees’ Retirement System is hereby empowered and authorized […]
§ 24-4-616. Increase in monthly benefit amount — 1995
On July 1, 1995, the monthly benefit payable to retirants and beneficiaries of the Arkansas Public Employees’ Retirement System who retired on June 1, 1995, or before, shall be increased by six and forty-five-hundredths percent (6.45%) of the benefit payable on June 1, 1995.
§ 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.