Arkansas Code Title 24, Chapter 7, Subchapter 16 - Arkansas Teacher Retirement System -- Optional Participation by Employees of Institutions of Higher Education

• § 24-7-1601 - Legislative History -- Findings -- Intent.
  (a) It is found and determined by the General Assembly that: (1) The establishment of the Post-Secondary Education Plan is a historical component of...
• § 24-7-1602 - Definitions.
  As used in this subchapter: (1) "Alternative retirement plan" means an optional retirement plan based on the purchase of contracts providing retirement and death...
• § 24-7-1603 - Provisions of Subchapter Controlling.
  (a) (1) This subchapter controls any inconsistent provision of any other law regarding the enrollment and coverage of an employee of a PSHE employer...
• § 24-7-1604 - Coverage for Employees Enrolled in Arkansas Teacher Retirement System Before July 1, 2011.
  (a) Beginning July 1, 2011, all current employees of a nonmandatory employer that are current members of the Arkansas Teacher Retirement System may continue...
• § 24-7-1605 - Optional Participation by Institution of Higher Education Employers on or After July 1, 2011.
  (a) (1) A PSHE employer shall adopt and record a policy or designation that identifies which positions at the PSHE employer's institution of higher...
• § 24-7-1606 - Concurrent Participation and Certain Salary Credit Prohibited.
  (a) A benefits-eligible employee shall not participate in an alternate retirement plan and continue to accrue service credit with the Arkansas Teacher Retirement System.(b)...
• § 24-7-1607 - Duties and Responsibilities of Board.
  The Board of Trustees of the Arkansas Teacher Retirement System may promulgate rules necessary to carry out this subchapter.

Last modified: November 15, 2016