Arkansas Statutes
§ 24-6-226 — Eligibility for benefits - Voluntary retirement for Tier I noncontributory members
Arkansas·Title 24
(a)(1) Any member who has acquired five (5) years but less than twenty-eight (28) years of actual service and has attained sixty-five (65) years of age may retire upon written application filed with the Board of Trustees of the State Police Retirement System.
(2)Any member who has acquired five (5) or more years of actual service and has attained fifty-two (52) years of age may retire upon written application filed with the State Police Retirement System.
(3)Any member who acquired twenty-eight (28) or more years of actual service may retire at any age upon written application filed with the board.
(4)For those members with less than twenty-eight (28) actual years of service, the sixty-five (65) years of age requirement shall be reduced by one (1) month for every two (2) months of publ
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Legislative History
Amended by Act 2021, No. 415,§ 3, eff. 7/28/2021. Acts 2001, No. 151, § 62.
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