Arkansas Statutes
§ 24-4-501 — Prior service credit generally - Straight life annuity
Arkansas·Title 24
(a)(1) Any member of the Arkansas Public Employees' Retirement System who became a member of the system on July 1, 1957, in the case of a state employee, or who became a member of the system on July 1, 1959, in the case of a county employee, and who was continuously employed by a public employer to June 8, 1961, upon application and submission of proper proof to the Board of Trustees of the Arkansas Public Employees' Retirement System, as authorized by this chapter, may receive prior service credit for any service rendered a public employer, as defined in § 24-4-101 , in the State of Arkansas in a position covered by some other existing retirement system of this state authorized by law, other than Social Security.
(2)Prior service credit may be received only if the member does not have s
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Related
Opinion No.
(Arkansas Attorney General Reports, 1993)
Legislative History
Acts 1961, No. 119, §§ 1, 2; A.S.A. 1947, §§ 12-2522, 12-2523; Acts 1987, No. 32, § 1; 2001, No. 151, § 21.
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