Arkansas Statutes
§ 24-7-1503 — Ad hoc benefit formula
Arkansas § 24-7-1503
JurisdictionArkansas
Title24
This text of Arkansas § 24-7-1503 (Ad hoc benefit formula) 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. § 24-7-1503 (2026).
Text
The schedule of decade dollar amounts per year of credited service is: Formula Decades in Which Credited Service Was Accrued Service Annual $ Increase Per Year of Credited Service 2000 - and later $5 1990-1999 $10 1980-1989 $20 1970-1979 $30 1960-1969 $40 1950-1959 $50 1940-1949 $60 1930-1939 $70 1920-1929 $80 1910-1919 $90
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Legislative History
Amended by Act 2023, No. 107,§ 60, eff. 7/1/2023. Acts 2009, No. 1315, § 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 employeesCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 24-7-1503, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/24-7-1503.