(a) (1) A member in covered employment may retire with an annuity provided for in § 24-10-602 upon his or her written application to the Board of Trustees of the Arkansas Local Police and Fire Retirement System setting forth at what time, at least thirty (30) days but not more than ninety (90) days subsequent to the execution and filing of his or her application, he or she desires to be retired, but only if, at the time of his or her separation from employment and at the time so specified for his or her retirement, the member shall have attained his or her normal retirement age and have five (5) years of credited service in force.
(2) A member hired on or after July 1, 2013, shall accrue ten (10) years of actual service in order to be eligible under this section.
(b) He or she shall have the right to elect an option provided for in § 24-10-603.
Section: Previous 24-10-602 24-10-603 24-10-604 24-10-605 24-10-606 24-10-607 24-10-608 24-10-609 24-10-610 24-10-611 24-10-612 24-10-613 24-10-614 24-10-615 NextLast modified: November 15, 2016