Arkansas Statutes
§ 24-1-305 — Notice to beneficiary
Arkansas·Title 24
(a)(1) The executive director or executive secretary of the applicable retirement system or his or her designee shall notify a beneficiary when benefits shall not be paid as provided under § 24-1-302 .
(2)The notice provided under subdivision (a)(1) of this section shall advise the beneficiary of:
(A)The specific facts supporting the retirement system's nonpayment of benefits; and (B) His or her right to request a waiver of the forfeiture before the board of trustees of the retirement system.
(b)(1) A beneficiary shall request a waiver of the forfeiture by the board of trustees of the retirement system within thirty (30) days of receiving the notice required under subsection (a) of this section.
(2)A waiver request made under subdivision (b)(1) of this section shall be submitted to th
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Legislative History
Added by Act 2017, No. 756,§ 1, eff. 8/1/2017.
Nearby Sections
15
§ 24-1-101
Assets and income for retirement systems§ 24-1-102
Annual valuation§ 24-1-103
Change of contribution rate§ 24-1-105
Liabilities exceeding thirty-year amortization period - Legislated benefit enhancement prohibited§ 24-1-106
Benefit enhancements§ 24-1-201
Declaration of policy§ 24-1-202
Definitions§ 24-1-203
Rules§ 24-1-206
Agents§ 24-1-207
Contributions - State employees