Arkansas § 24-1-105 Liabilities exceeding thirty-year amortization period - Legislated benefit enhancement prohibited

Arkansas Statutes

§ 24-1-105 — Liabilities exceeding thirty-year amortization period - Legislated benefit enhancement prohibited

Arkansas § 24-1-105

Title24

This text of Arkansas § 24-1-105 (Liabilities exceeding thirty-year amortization period - Legislated benefit enhancement prohibited) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 24-1-105 (2026).

Text

When any retirement system on or after March 14, 1995, has unfunded actuarial accrued liabilities being amortized over a period exceeding thirty (30) years, that system shall not have a legislated benefit enhancement until the unfunded actuarial accrued liability is reduced to a level less than the standards set by this subchapter.

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