Arkansas Statutes

§ 19-5-916 — Teacher Retirement Fund

Arkansas·Title 19
(a)There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the "Teacher Retirement Fund".
(b)The fund shall consist of trust fund income as provided by law.
(c)The fund shall be used for:
(1)The operation, maintenance, and improvement of the Arkansas Teacher Retirement System;
(2)Payment of retirement and disability benefits;
(3)Making refunds; and (4) Investing surplus funds.

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Legislative History

Acts 1973, No. 750, § 8; A.S.A. 1947, § 13-531.

Nearby Sections

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