24-7-1305. Benefits.

Arkansas Code — all titles (historical 2020) · legal_authorities

24-7-1305. Benefits. The member's Teacher Deferred Retirement Option Plan benefit shall be the monthly benefit to which the member would have been entitled if the member had actually retired on the plan date without regard to the provisions of § 24-7-708 related to conditions subjecting annuities to limitations.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-7-1305

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

24-7-708. Employment of retired members by covered employers.

24-7-708. Employment of retired members by covered employers. (a) Effective July 1, 2009, after terminating employment under § 24-7-502 or reaching the age of normal retirement, a retirant may: (1) Accept employment with an employer covered by the Arkansas Teacher Retirement System without a limitation of his or her retirement annuity; and (2) Continue to receive his or her monthly retirement annuity. (b) Employers covered by the system that hire an employee who meets the conditions under subsection (a) of this section shall report the hiring of the retirant to the system in a time and a manner that the system may reasonably require. (c) A retirant who receives monthly benefits and is employed by a covered employer shall not accrue additional service credit. (d)(1) For a retired member employed in a position covered by the system, the covered employer shall remit the contributions on all salary paid to the retirant in an amount equal to the employer contribution rate applicable to active members. (2) Contributions shall be paid by the employer and are not the responsibility of the retirant. (e)(1) The Board of Trustees of the Arkansas Teacher Retirement System shall adopt rules to carry out the provisions of this section. (2) A covered employer that employs retirants is subject to the rules adopted by the board.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-7-708

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 24-7-708. This identifies an authority to review, not proof of applicability.