Arkansas Statutes
§ 24-10-610 — Limitations on death and disability annuities
Arkansas·Title 24
If a death annuity is payable on behalf of a member who dies in employer service before retirement, or for the portion of a disability annuity payable before a disability retirant's attainment of age fifty-five (55), the total amount of the system annuities based on paid service shall not exceed one hundred percent (100%) of the amount of his or her final average pay at the time of death or disability.
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Legislative History
Amended by Act 2013, No. 40,§ 11, eff. 2/6/2013. Acts 1981, No. 364, § 5; A.S.A. 1947, § 12-3805; Acts 1993, No. 1202, § 1; 1995, No. 643, § 2; 1997, No. 765, § 1.
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