(a) On July 1, 2007, the monthly retirement benefit payable to retirants and beneficiaries of the Arkansas Public Employees' Retirement System who retired on or before June 1, 2007, shall be increased by one percent (1%) of the benefit payable on June 1, 2007.
(b) The increase in benefits under subsection (a) of this section shall be added to the monthly benefit after the annual postretirement increase.
Section: Previous 24-4-609 24-4-610 24-4-611 24-4-612 24-4-613 24-4-614 24-4-615 24-4-616 24-4-617 24-4-618 24-4-619 24-4-620 24-4-621 24-4-622Last modified: November 15, 2016