Arkansas Code Title 24, Chapter 6, Subchapter 4 - Tier Two Benefit Plan

• § 24-6-401 - Creation of Tier Two Benefit Plan.
  A Tier Two Benefit Plan for the State Police Retirement System is created and established in conformance with this subchapter.
• § 24-6-402 - Membership.
  (a) All state police officers first hired on or after April 3, 1997, shall be covered by the benefit provision of this subchapter.(b) (1)...
• § 24-6-403 - Definitions.
  As used in this subchapter: (1) "Accumulated contribution" means the sum of all amounts deducted from the salaries of a member and credited to...
• § 24-6-404 - Eligibility for Benefits -- Voluntary Retirement.
  (a) (1) Any member who has acquired five (5) years but less than thirty (30) years of actual service and has attained age sixty-five...
• § 24-6-405 - Eligibility for Benefits -- Disability Retirement.
  (a) (1) (A) Upon application filed with the Board of Trustees of the State Police Retirement System by a member or by the Director...
• § 24-6-406 - Benefits Generally.
  (a) (1) Upon retirement as provided in this subchapter, a member shall receive a straight life pension equal to two and four hundred seventy-five...
• § 24-6-407 - Benefits -- Death of Retirant.
  (a) In the event a retirant who is in receipt of a straight life pension dies before he or she has received in straight...
• § 24-6-408 - Benefit Provisions -- Election of Annuity Options.
  (a) Before the date the first payment of his or her annuity becomes due, but not thereafter, a member may elect to receive his...
• § 24-6-409 - Redetermination of Benefits.
  (a) Each July 1 the State Police Retirement System shall redetermine the amount of each monthly benefit which has been payable by the system...
• § 24-6-410 - Benefit Provisions -- Early Retirement.
  (a) (1) Any member or former member with sufficient years of service to qualify for a vested termination annuity who has not attained his...
• § 24-6-411 - Benefit Provisions -- Death.
  (a) If an active member with five (5) or more years of actual service, including service for the year immediately preceding his or her...
• § 24-6-412 - Refund of Contributions.
  (a) (1) In the event a member leaves the employ of the Department of Arkansas State Police prior to the date he or she...
• § 24-6-413 - Benefit Provisions -- Subjection of Annuity Rights to Process of Law.
  (a) The right of a person to an annuity, to the return of accumulated contributions, the annuity itself, any annuity option, any other right...
• § 24-6-414 - Maximum Benefit Limitation.
  (a) Notwithstanding any other provisions of this chapter, benefits paid under the provisions of this chapter shall not exceed the limitations of the Internal...
• § 24-6-415 - Exclusion From Plan.
  Members of the State Police Retirement System participating in the benefit program provided by this subchapter shall not be eligible for participation in the...

Last modified: November 15, 2016