Arkansas Code Title 24, Chapter 7, Subchapter 4 - Arkansas Teacher Retirement System -- Funds and Management of Assets

• § 24-7-401 - Fund Contributions -- Fund Rates.
  (a) (1) The financial objective of the Arkansas Teacher Retirement System is to establish and receive contributions that expressed as percentages of active member...
• § 24-7-402 - Assets As Trust Fund -- Custodian.
  (a) All assets of the Arkansas Teacher Retirement System shall constitute a single trust fund, and the Board of Trustees of the Arkansas Teacher...
• § 24-7-403 - Restrictions on Use of Assets.
  (a) All assets of the Arkansas Teacher Retirement System shall be held for the sole purpose of paying benefits and making disbursements in accordance...
• § 24-7-404 - Default Where Issuer Receives Money From State of Arkansas.
  In the event of default in payment of the principal or interest of any investment obligation held by the Arkansas Teacher Retirement System where...
• § 24-7-405 - Retirement Fund Assets Accounts Generally.
  The assets of the Arkansas Teacher Retirement System shall be recorded in accounts established by the Board of Trustees of the Arkansas Teacher Retirement...
• § 24-7-406 - Retirement Fund Assets Accounts -- Members' Deposit Account -- Contributions.
  (a) (1) The members' deposit account is the account: (A) In which member contributions are accumulated; (B) From which member refunds of contributions are...
• § 24-7-407 - Retirement Fund Assets Accounts -- Employer Accumulation Account.
  (a) The employer accumulation account is the account in which shall be accumulated the employer's contributions to the Arkansas Teacher Retirement System, and from...
• § 24-7-408 - Retirement Fund Assets Accounts -- Retirement Reserve Account.
  (a) The retirement reserve account shall be the account from which shall be paid all annuities and benefits in lieu of annuities payable as...
• § 24-7-409 - Retirement Fund Assets Accounts -- Survivor Benefit Account.
  The survivor benefit account shall be the account from which shall be paid survivor benefits payable as provided in this act.
• § 24-7-410 - Retirement Fund Assets Accounts -- Income-Expense Account.
  (a) The income-expense account shall be the account to which shall be credited all investment income from invested assets of the Arkansas Teacher Retirement...
• § 24-7-411 - Compelling Payment Upon Delinquency of Employer.
  (a) (1) If any participating employer fails to remit to the Arkansas Teacher Retirement System contributions that are required by law or regulation by...

Last modified: November 15, 2016