Title 24 — Retirement and Pensions
12 chapters · 740 sections in this title.
Ark. Code Ann. § 24-4-612 Increase in benefits
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(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…
Ark. Code Ann. § 24-4-613 Benefits for contributory members
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(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 noncontributor…
Ark. Code Ann. § 24-4-614 Increase in monthly benefit amount — 1993
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(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…
Ark. Code Ann. § 24-4-615 Maximum benefit limitation
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(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 A…
Ark. Code Ann. § 24-4-616 Increase in monthly benefit amount — 1995
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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.
Ark. Code Ann. § 24-4-617 Increase in monthly benefit amount — 1997
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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.
Ark. Code Ann. § 24-4-618 Increased benefits for persons retired before July 1, 1999
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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 o…
Ark. Code Ann. § 24-4-619 Increased benefits for persons retired before June 1, 1999
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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 d…
Ark. Code Ann. § 24-4-620 Partial annuity withdrawal provision
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(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 …
Ark. Code Ann. § 24-4-621 Increase in benefits
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(a) On July 1, 2001, the monthly retirement benefit payable to retirants and beneficiaries of the Arkansas Public Employees' Retirement System who retired on or before June 1, 2001, shall be increased by one and seven-tenths percent (1.7%) of the benefit payable on June 1, 2001. …
Ark. Code Ann. § 24-4-622 Monthly benefit increase
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(a) On July 1, 2007, the monthly retirement benefit payable to retirants and beneficiaries of the Arkansas Public Employees' Retirement System who retired on or before June 1, 2007, shall be increased by one percent (1%) of the benefit payable on June 1, 2007. (b) The increase in…
Ark. Code Ann. § 24-4-623 Final average compensation
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(a) (1) For a member first hired by a system-covered employer on July 1, 2022, or after, the average of the five (5) highest annual compensations paid to the member during a completed fiscal year of credited service with a public employer shall determine the final average compens…
Ark. Code Ann. § 24-4-710 [Repealed.]
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A.C.A. § 24-4-710Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-711 [Repealed.]
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A.C.A. § 24-4-711Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-712 [Repealed.]
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A.C.A. § 24-4-712Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-713 [Repealed.]
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A.C.A. § 24-4-713Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-714 [Repealed.]
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A.C.A. § 24-4-714Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-723 Members joining at same time as employer — Current service credit
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(a) (1) Any member of the Arkansas Public Employees' Retirement System who became, or becomes, a member on the date his and her employer became, or becomes, a public employer in the system shall receive current service credit for employment with a public employer in the system bu…
Ark. Code Ann. § 24-4-724 Members joining after employer — Current service credit
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(a) (1) (A) Any member of the Arkansas Public Employees' Retirement System who became, or becomes, a member after the date that his or her employer became, or becomes, a public employer in the system shall receive current service for employment with a public employer in the syste…
Ark. Code Ann. § 24-4-725 [Repealed.]
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A.C.A. § 24-4-725Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-726 [Repealed.]
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A.C.A. § 24-4-726Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-727 War Memorial Stadium Commission employees
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(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,…
Ark. Code Ann. § 24-4-728 [Repealed.]
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A.C.A. § 24-4-728Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-729 Conservation district employees
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(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 pr…
Ark. Code Ann. § 24-4-732 Certain employees of state agencies — Early retirement incentives
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(a) In addition to the provisions of § 24-4-601 et seq.:(1) (A) A state employee who is an active member of the Arkansas Public Employees' Retirement System on March 12, 1987, and who is vested for a full age and service annuity and who has credit in the Arkansas Public Employees…
Ark. Code Ann. § 24-4-733 Certain county employees — Early retirement incentives — Definition
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(a) In addition to the provisions of § 24-4-601 et seq.:(1) (A) A county employee who is an active member of the County Division of the Arkansas Public Employees' Retirement System on April 7, 1987, and who is vested for a full age and service annuity and who has credit in the sy…
Ark. Code Ann. § 24-4-737 Certain city attorneys — Credited service
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(a) When the term of office of an elected city attorney is cut short due to the change in the form of city government and that person is employed to serve as the city attorney for the remainder of his or her term, he or she shall receive credited service under the Arkansas Public…
Ark. Code Ann. § 24-4-738 [Repealed.]
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A.C.A. § 24-4-738Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-739 Municipal employees
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(a) (1) Any municipal employee or municipal official, including a municipal judge, municipal court clerk, mayor, city attorney, city treasurer, city clerk, clerk-treasurer, and deputy city clerk, who was erroneously enrolled in the Arkansas Public Employees' Retirement System bec…
Ark. Code Ann. § 24-4-740 Transfer of Director of the Administrative Office of Courts to Arkansas Public Employees' Retirement System
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(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 retirem…
Ark. Code Ann. § 24-4-741 [Repealed.]
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A.C.A. § 24-4-741Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-4-742 Credit for service with various local units of government
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(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 o…
Ark. Code Ann. § 24-4-743 Intergovernmental Juvenile Detention Council employees
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(a) (1) Any full-time employee of the Intergovernmental Juvenile Detention Council of the Tenth Judicial District enrolled in the Arkansas Public Employees' Retirement System pursuant to this section who is a full-time employee of the council on the date his or her employer becom…
Ark. Code Ann. § 24-4-744 Elected county official
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For the purpose of determining benefits under the Arkansas Public Employees' Retirement System, a member of the system who has service as an elected county official for a period during which the office was under the fee system, the salary of the member during that period shall be…
Ark. Code Ann. § 24-4-745 General Assembly employees
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(a) An employee of the General Assembly who has at least five (5) years' service in the Arkansas Public Employees' Retirement System and who served at least four hundred (400) days as a session employee of the General Assembly may apply for and receive current service credit in t…
Ark. Code Ann. § 24-4-746 Authority to promulgate rules
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The Board of Trustees of the Arkansas Public Employees' Retirement System shall have the authority to promulgate such rules as are necessary to provide for the participation of employers defined as public rehabilitative services corporations or other local units of government und…
Ark. Code Ann. § 24-4-747 Erroneous membership of certain employees
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(a) A person who was erroneously included in the Arkansas Public Employees' Retirement System for at least two (2) years and whose disqualification from the Arkansas Public Employees' Retirement System was due to employment that caused the person to be a member of another state-s…
Ark. Code Ann. § 24-4-748 Dual full-time employment
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(a) A person who was included in the Arkansas Public Employees' Retirement System for service at full-time employment while at the same time employed full time in another position covered under a municipal police pension and relief fund and whose disqualification from the system …
Ark. Code Ann. § 24-4-749 Purchase of out-of-state governmental service
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(a) A member who has performed service other than military service as an employee of a state or local governmental entity in the United States other than in the State of Arkansas or the United States Government may receive credited service for the out-of-state governmental employ…
Ark. Code Ann. § 24-4-750 Arkansas District Judge Retirement System abolished — Powers, duties, and plan liabilities transferred to Arkansas Public Employees' Retirement System
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(a) The Arkansas District Judge Retirement System, established by § 24-8-801 et seq. [repealed], is abolished, and its powers, duties, and plan liabilities are transferred to the Arkansas Public Employees' Retirement System by a type 3 transfer as prescribed in § 25-2-106. (b) Fo…
Ark. Code Ann. § 24-4-751 Additional funding for retirement benefits
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(a) The government entity that had previously established a local municipal judge's retirement fund shall be required to contribute an amount of money that represents the actuarially determined accrued liability for those judges and former judges who were covered by the local fun…
Ark. Code Ann. § 24-4-752 State Police Trust Fund
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(a) All assets of the State Police Retirement System are transferred to the Arkansas Public Employees' Retirement System to hold in trust for the State Police Retirement System. (b) There is created under the Arkansas Public Employees' Retirement System a division that shall be k…
Ark. Code Ann. § 24-4-801 Participation
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(a) In lieu of terminating employment and accepting a retirement benefit under the Arkansas Public Employees' Retirement System pursuant to § 24-2-201 et seq. and § 24-4-101 et seq., any person who is a member of the system and who meets the conditions specified in subsection (b)…
Ark. Code Ann. § 24-4-802 Eligibility — Effect of election
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(a) When a member of the Arkansas Public Employees' Retirement System elects participation in the Arkansas Public Employees' Retirement System Deferred Retirement Option Plan, the member shall fill out an application form as developed by the Board of Trustees of the Arkansas Publ…
Ark. Code Ann. § 24-4-803 Amount of benefit — Amount of contribution — Interest
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(a) (1) The member's deferred benefit shall be the monthly benefit to which the member would have been entitled if the member had thirty (30) years of service and had actually retired on the member's deferred retirement option date with regard to the provisions of § 24-4-606 rela…
Ark. Code Ann. § 24-4-804 Cessation of participation — Definition
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(a) The member's participation in the Arkansas Public Employees' Retirement System Deferred Retirement Option Plan shall cease at the time the member separates from service. (b) (1) (A) When the member's participation in the plan ceases, the member shall elect to receive the bala…
Ark. Code Ann. § 24-4-805 Death or disability
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(a) In the event that an Arkansas Public Employees' Retirement System Deferred Retirement Option Plan participant dies, the benefits payable from the Arkansas Public Employees' Retirement System shall be determined as though the participant had separated from service and been fou…
Ark. Code Ann. § 24-4-806 Limitation on benefit enhancement
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(a) No benefit enhancement provided for by this subchapter shall be implemented if it would cause the publicly supported retirement system's unfunded actuarial accrued liabilities to exceed a thirty-year amortization. (b) No benefit enhancement provided for by this subchapter sha…
Ark. Code Ann. § 24-4-901 Credited service — Reciprocity
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(a) (1) Upon the retirement of a member whose credited service results from employment covered by:(A) The Arkansas Public Employees' Retirement System;(B) The State Police Retirement System;(C) The Arkansas Teacher Retirement System;(D) The Arkansas State Highway Employees' Retir…
Ark. Code Ann. § 24-5-101 Definitions
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(1) As used in this chapter:(1) “Accumulated contribution” means the sum of all amounts deducted from the salary or wages of a member, or paid by a member, and credited to his or her individual account, together with any interest the Board of Trustees of the Arkansas State Highwa…