Arkansas § 24-7-732 System termination or discontinuance - Vesting

Arkansas Statutes

§ 24-7-732 — System termination or discontinuance - Vesting

Arkansas § 24-7-732

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This text of Arkansas § 24-7-732 (System termination or discontinuance - Vesting) 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. § 24-7-732 (2026).

Text

Notwithstanding the provisions of this subchapter, members' accrued benefits under the Arkansas Teacher Retirement System shall be one hundred percent (100%) vested:

(1)To the extent those benefits are then funded, in the event there is a partial or complete termination of the system or in the event of a complete discontinuance of employer contributions to the system; and (2) Upon a member's attaining normal retirement age.

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Notwithstanding the provisions of this subchapter, members' accrued benefits under the Arkansas Teacher Retirement System shall be one hundred percent (100%) vested: (1) To the extent those benefits are then funded, in the event there is a partial or complete termination of the system or in the event of a complete discontinuance of employer contributions to the system; and (2) Upon a member's attaining normal retirement age.