Arkansas Statutes
§ 24-7-801 — Definitions
Arkansas·Title 24
As used in this subchapter:
(1)"Alternate retirement plan" means a retirement plan based on the purchase of contracts providing retirement and death benefits for the employees of Arkansas State University, the Division of Higher Education employees, and employees of Arkansas's state-supported universities, colleges, or junior colleges that are not a part of the University of Arkansas system;
(2)"Board" means the governing body of a college;
(3)"College" means any one (1) of the state-supported universities, colleges, and junior colleges not a part of the University of Arkansas system, and Arkansas State University;
(4)"Division employees" means the Commissioner of the Division of Higher Education and the professional education employees of the division;
(5)"Retirement system" means th
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Related
Opinion No.
(Arkansas Attorney General Reports, 2001)
Legislative History
Amended by Act 2023, No. 786,§ 49, eff. 4/12/2023. Amended by Act 2019, No. 910,§ 2372, eff. 7/1/2019. Amended by Act 2019, No. 910,§ 2371, eff. 7/1/2019. Acts 1967, No. 436, § 1; A.S.A. 1947, § 80-1457; Acts 1991, No. 511, § 1; 2001, No. 765, § 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 employees