Arkansas Statutes
§ 24-8-408 — Eligibility for benefits - Clerks
Arkansas·Title 24
(a)(1) Any clerk of a municipal court to which this subchapter applies, appointed by the judge or judges of the court, shall be eligible to receive retirement benefits provided by this subchapter who:
(A)Attains sixty (60) years of age and has served in office as clerk for at least ten (10) years;
(B)Attains sixty-five (65) years of age and has served in office for at least eight (8) years; or (C) Has served in office for at least twenty (20) years, irrespective of age.
(2)If the clerk resigns, retires from office, or is succeeded in office by another clerk, the clerk shall receive retirement pay for and during the remainder of the person's natural life in an amount equal to one-half (½) of the salary payable to the clerk at the time of resignation, retirement, or succession in office.
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Legislative History
Amended by Act 2019, No. 84,§ 7, eff. 7/24/2019. Acts 1965, No. 19, § 4; 1969, No. 102, § 3; 1975, No. 637, § 1; 1979, No. 155, § 1; 1979, No. 660, § 1; A.S.A. 1947, §§ 22-944, 22-948.1; Acts 2001, No. 1613, § 3.
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