Arkansas Statutes
§ 24-7-1602 — Definitions
Arkansas § 24-7-1602
JurisdictionArkansas
Title24
This text of Arkansas § 24-7-1602 (Definitions) 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. § 24-7-1602 (2026).
Text
As used in this subchapter:
(1)"Benefits-eligible" means a class of employees, determined at the discretion of a post-secondary or higher education employer, eligible to participate in the Arkansas Teacher Retirement System, an alternate retirement plan, or the Arkansas Public Employees' Retirement System;
(2)"Nonmandatory employer" means any public employer that was authorized to enroll new employees into the Arkansas Teacher Retirement System or alternate retirement plan before July 1, 2011;
(3)"PSHE employer" means a post-secondary or higher education employer:
(A)With employees that may be hired without becoming mandatory members of the Arkansas Teacher Retirement System; and (B) That offers the Arkansas Teacher Retirement System as a retirement plan on or after July 1, 2011; and (
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Legislative History
Amended by Act 2021, No. 427,§ 5, eff. 3/23/2021. Acts 2011, No. 513, § 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 § 24-7-1602, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/24-7-1602.