Arkansas Statutes
§ 24-6-507 — Duration
Arkansas·Title 24
(a)The duration of participation in the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan for an active state police officer shall not exceed seven (7) years.
(b)At the conclusion of a state police officer's participation in the plan, the state police officer shall:
(1)Terminate employment with the Division of Arkansas State Police; and (2) Start receiving his or her accrued monthly retirement benefit from the State Police Retirement System.
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Legislative History
Acts 2009, No. 1242, § 4.
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