24-6-211. Eligibility for benefits — Mandatory retirement.

Arkansas Code — all titles (historical 2020) · legal_authorities

24-6-211. Eligibility for benefits — Mandatory retirement.

24-6-211. Eligibility for benefits — Mandatory retirement. (a) A member shall be separated from Department of Arkansas State Police employment the first day of the calendar month next following the month in which he or she attains age sixty-five (65). (b) If, upon his or her separation from department employment, the member has five (5) or more years of actual service, he or she shall receive a pension provided for in § 24-6-214.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-6-211

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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Arkansas Code — all titles (historical 2020) · legal_authorities

24-6-214. Benefits generally — Contributory member.

24-6-214. Benefits generally — Contributory member. (a) Upon his or her retirement as provided in this subchapter, a member shall receive a straight life pension equal to the following sum: Two and nine hundred forty-nine thousandths percent (2.949%) of his or her final average compensation multiplied by the number of years, and any fraction of a year, of his or her credited service not to exceed twenty (20) years, plus the sum of two and three hundred fifty-nine thousandths percent (2.359%) of his or her final average compensation multiplied by the number of years, and any fraction of a year, of his or her credited service in excess of twenty (20) years but not in excess of twenty-five (25) years, plus one and eighteen-hundredths percent (1.18%) of his or her final average compensation multiplied by the number of years, and any fraction of a year, of his or her credited service in excess of twenty-five (25) years but not in excess of thirty (30) years. (b)(1) In the event a member who has acquired twenty (20) years or more of credited service retires prior to attainment of age fifty (50), as provided in this subchapter, his or her pension, as provided for in subsection (a) of this section, shall be reduced one-half percent (0.5%) multiplied by the number of completed months in the period from the date he or she requests his or her pension to begin to the date he or she would have attained age fifty (50). (2) In the event a member with five (5) years or more of credited service in the State Police Retirement System ceases to be employed as a state police officer prior to reaching fifty (50) years of age and does not withdraw his or her accumulated employee contributions to the system, the member shall be entitled to receive a pension upon reaching fifty (50) years

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-6-214

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. The source passage cites 24-6-214. This identifies an authority to review, not proof of applicability.