Arkansas § 24-6-502 Election to participate in Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan

Arkansas Statutes

§ 24-6-502 — Election to participate in Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan

Arkansas § 24-6-502

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This text of Arkansas § 24-6-502 (Election to participate in Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan) 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. § 24-6-502 (2026).

Text

In lieu of terminating employment and accepting a service retirement pension, a state police officer may elect to participate in the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan and defer the receipt of benefits in accordance with this subchapter if:

(1)The state police officer:

(A)Is a member of the State Police Retirement System's Tier Two Benefit Plan under § 24-6-401 et seq.;

(B)Has at least twenty-eight (28) years of actual service as a member of the State Police Retirement System's Tier Two Benefit Plan under § 24-6-401 et seq., including service credit a member earns after April 3, 1997, as a member of the plan under § 24-6-401 et seq., and the member's service credit from a reciprocal retirement system under § 24-2-401 et seq.; and (C) Is eligible to

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In lieu of terminating employment and accepting a service retirement pension, a state police officer may elect to participate in the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan and defer the receipt of benefits in accordance with this subchapter if: (1) The state police officer: (A) Is a member of the State Police Retirement System's Tier Two Benefit Plan under § 24-6-401 et seq.; (B) Has at least twenty-eight (28) years of actual service as a member of the State Police Retirement System's Tier Two Benefit Plan under § 24-6-401 et seq., including service credit a member earns after April 3, 1997, as a member of the plan under § 24-6-401 et seq., and the member's service credit from a reciprocal retirement system under § 24-2-401 et seq.; and (C) Is eligible to receive a service retirement pension; and (2) The Board of Trustees of the State Police Retirement System approves the participation in the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan.