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 […]
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.
(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 […]
(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) […]
(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 […]
An actuarial valuation shall be made annually to determine how well the Arkansas Judicial Retirement System is meeting the financial objectives applicable to all state-supported retirement systems.
(a) All chancery judges, circuit judges, judges of the Court of Appeals and justices of the Supreme Court, whether elected or appointed to office, shall participate in the Arkansas Judicial Retirement System. (b) Any active member who did not become a member at the time of his or her initial election or appointment may acquire […]
(a) The contribution of each member of the Arkansas Judicial Retirement System shall be six percent (6%) of each member’s annual salary. (b) In the event a judge ceases to be a member prior to qualifying for retirement benefits, he or she shall be entitled to a refund of all contributions paid by him or […]
(a) The state, as employer, shall make contributions to the Arkansas Judicial Retirement System of twelve percent (12%) of the active member payroll. (b) The Chief Fiscal Officer of the State is authorized and directed to make annual transfers on each July 1 to the Judges Retirement Fund from the Constitutional Officers Fund and the […]
(a) When a judge is certified as eligible for retirement, no further contribution shall be required of the judge. (b) Upon the written notice of election by the member of the Arkansas Judicial Retirement System, a judge with at least twenty (20) years of judicial service may continue or recommence payment of the six-percent (6%) […]
Any person who shall have served as a municipal judge in any municipal court in this state and who holds credited service therefor in any retirement system or retirement fund is authorized to transfer his or her credited services in the retirement system or fund to the Arkansas Judicial Retirement System by: (1) Notifying, in […]
Any person who shall have served not less than fourteen (14) years as an elected prosecuting attorney in this state and who holds credited service therefor in the Arkansas Public Employees’ Retirement System, as established by § 24-4-103, upon being elected as a circuit judge, chancery judge, or justice of the Supreme Court, is authorized […]
Any person who shall have served not less than two (2) years as an elected prosecuting attorney in this state and who holds credited service therefor in the Arkansas Public Employees’ Retirement System, as established by § 24-4-103, anytime after being elected as a circuit judge, chancery judge, circuit-chancery judge, or justice of the Supreme […]
(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 […]
(a) Any judge of a circuit or chancery court who has fourteen (14) years or more of credited service in the Arkansas Judicial Retirement System, established by Acts 1953, No. 365, may elect to retire and receive retirement benefits under the provisions of Acts 1953, No. 365, at any time after reaching age sixty-two (62) […]
(a) Any member of the Arkansas Judicial Retirement System who has served a minimum of three (3) consecutive years shall receive retirement benefits if any incapacitating disability as determined by the Board of Trustees of the Arkansas Judicial Retirement System shall occur during any term for which the judge has been elected. (b) The three-year […]
(a) The retirement benefits to be paid an eligible and qualified member or retiree under the provisions of this section shall be sixty percent (60%) of the annual salary payable to the last judicial office held and shall be payable for the recipient’s life. (b) (1) Survivors’ benefits shall be sixty-seven percent (67%) of the […]
(a) The surviving unremarried spouse, sixty-five (65) years of age or older, of any person who served as a justice of the Supreme Court, as a judge of the Court of Appeals, or as a judge of any circuit or chancery court of the State of Arkansas for a period of eight (8) years or […]
(a) Acts 1953, No. 365, as amended by this act, is to be in all of its sections complementary, except that no person may take benefits under two (2) or more sections of this act at the same time. (b) Retirement and survivors’ benefits shall be measured by the salary payable for the position last […]
(a) Any member of the Arkansas Judicial Retirement System who has credit in the Arkansas Public Employees’ Retirement System for service as a juvenile judge is authorized to transfer that credit to the Arkansas Judicial Retirement System by: (1) Notifying in writing the administrative body of each of the retirement systems of the intention to […]
