Arkansas § 24-8-223 Redetermination of benefits

Arkansas Statutes

§ 24-8-223 — Redetermination of benefits

Arkansas § 24-8-223

Title24

This text of Arkansas § 24-8-223 (Redetermination of benefits) 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. § 24-8-223 (2026).

Text

(a)Each July 1 the Arkansas Judicial Retirement System shall redetermine the amount of each monthly benefit which has been payable by the system for at least twelve (12) full calendar months. The redetermined amount shall be payable for the following twelve (12) calendar months.

(b)The redetermined amount shall be the amount of benefit payable as of the immediately preceding July 1 increased by three percent (3%).

(c)This method of redetermination of the amount of the retirement benefits shall be applicable to any judge first elected after July 1, 1983.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Each July 1 the Arkansas Judicial Retirement System shall redetermine the amount of each monthly benefit which has been payable by the system for at least twelve (12) full calendar months. The redetermined amount shall be payable for the following twelve (12) calendar months. (b) The redetermined amount shall be the amount of benefit payable as of the immediately preceding July 1 increased by three percent (3%). (c) This method of redetermination of the amount of the retirement benefits shall be applicable to any judge first elected after July 1, 1983.