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24-2-306. Erroneous enrollment because of concurrent membership.

Arkansas Code — all titles (historical 2020) · legal_authorities

24-2-306. Erroneous enrollment because of concurrent membership.

24-2-306. Erroneous enrollment because of concurrent membership. Any member of the Arkansas Public Employees' Retirement System who is erroneously enrolled in the Arkansas Public Employees' Retirement System because of concurrent enrollment in another state-funded or state-authorized retirement system, other than Social Security, due to separate and distinct service for a public school or a municipality, may elect to remain a member of the Arkansas Public Employees' Retirement System subject to the following conditions: (1) The other system will allow the member to forfeit the concurrent service by refunding all employer and employee contributions respectively; and (2) The member notifies both the Arkansas Public Employees' Retirement System and the other system that the member will remain in the Arkansas Public Employees' Retirement System and forfeit service and accrued benefits in the other system.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-2-306

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Authority boundary: historical statutory source snapshot not current law.

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Record provenance

Stable record: arkansas_code:legal_authorities:24-2-306
Source file: gov.ar.code.title.24.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 50456cc1433272b0f0c8fa667eed21a9c4d885b983479137f85f958a8c623fdc

Source location: content.xml paragraph 548

Stored source content

24-2-306. Erroneous enrollment because of concurrent membership. Any member of the Arkansas Public Employees' Retirement System who is erroneously enrolled in the Arkansas Public Employees' Retirement System because of concurrent enrollment in another state-funded or state-authorized retirement system, other than Social Security, due to separate and distinct service for a public school or a municipality, may elect to remain a member of the Arkansas Public Employees' Retirement System subject to the following conditions: (1) The other system will allow the member to forfeit the concurrent service by refunding all employer and employee contributions respectively; and (2) The member notifies both the Arkansas Public Employees' Retirement System and the other system that the member will remain in the Arkansas Public Employees' Retirement System and forfeit service and accrued benefits in the other system.

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