§ 24-8-215. Eligibility for benefits — Retirement generally
(a) Any active member with a minimum of ten (10) years of credited service may voluntarily retire upon reaching sixty-five (65) years of age or thereafter upon filing a written application with the Board of Trustees of the Arkansas Judicial Retirement System. (b) Any other member who has a minimum of twenty (20) years of […]
§ 24-8-201. Public policy
It is declared to be the state’s public policy that chancery and circuit court judges and justices of the Supreme Court may retire or be retired when that course appears to be in the best interest of the official concerned and for the public welfare. Factors suggesting the desirability of retirement are physical disability, advanced […]
§ 24-8-202. Applicability
The provisions of this act shall not be retroactive but shall extend benefits from the time of its passage. It shall also apply to judges now living who retired prior to the passage of this act and to the survivors of those judges.
§ 24-8-203. Board of trustees
(a) The administration and control of the Arkansas Judicial Retirement System shall be vested in a board known as the “Board of Trustees of the Arkansas Judicial Retirement System”. (b) (1) The members of the board shall consist of five (5) persons appointed by the Arkansas Judicial Council. (2) The members shall serve at the […]
§ 24-8-204. Administration
(a) (1) The executive director and administrative staff of the Arkansas Public Employees’ Retirement System shall be the executive director and administrative staff of the Arkansas Judicial Retirement System. (2) All administrative records of the Arkansas Judicial Retirement System shall be maintained within the administrative offices of the Arkansas Public Employees’ Retirement System. (b) (1) […]
§ 24-8-205. Trust fund
(a) In addition to the Judges Retirement Fund in the State Treasury, a bank trust fund or funds may be established and maintained in a federally insured depository institution designated by the Board of Trustees of the Arkansas Judicial Retirement System. (b) The board shall be the trustees of the funds, subject to the other […]