Arkansas Legal Resource Navigator

24-7-606. Service for leave of absence to obtain advanced degree.

Arkansas Code — all titles (historical 2020) · legal_authorities

24-7-606. Service for leave of absence to obtain advanced degree.

24-7-606. Service for leave of absence to obtain advanced degree. (a)(1) From and after June 28, 1985, any public school teacher or administrator who is a member of the Arkansas Teacher Retirement System and takes a leave of absence from a school in order to obtain an advanced degree at an institution of higher learning or to fulfill the requirements of a scholarship or grant shall be eligible, upon application, to receive credited service in the system for the time of actual enrollment in the institution. (2) Evidence of the minimum days of enrollment at an institution of higher education in a fiscal year equivalent to the minimum days of service required for a fiscal year of service credit under § 24-7-601 shall be presented with the application. (b) The service shall be credited in accordance with § 24-7-601. (c) The member shall pay the actuarial equivalent of the member's benefits to the system for each year of service credit being granted.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-7-606

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.

Issuing source page ↗

Authority boundary: historical statutory source snapshot not current law.

Open the recorded source website ↗

Record provenance

Stable record: arkansas_code:legal_authorities:24-7-606
Source file: gov.ar.code.title.24.odt
Pages: Not recorded – Not recorded
Passage SHA-256: e6aba0b9f15c42f2e04f38d82c0bc65ede69e8a0a50f8ed9babf38fc19ceb838

Source location: content.xml paragraph 6564

Stored source content

24-7-606. Service for leave of absence to obtain advanced degree. (a)(1) From and after June 28, 1985, any public school teacher or administrator who is a member of the Arkansas Teacher Retirement System and takes a leave of absence from a school in order to obtain an advanced degree at an institution of higher learning or to fulfill the requirements of a scholarship or grant shall be eligible, upon application, to receive credited service in the system for the time of actual enrollment in the institution. (2) Evidence of the minimum days of enrollment at an institution of higher education in a fiscal year equivalent to the minimum days of service required for a fiscal year of service credit under § 24-7-601 shall be presented with the application. (b) The service shall be credited in accordance with § 24-7-601. (c) The member shall pay the actuarial equivalent of the member's benefits to the system for each year of service credit being granted.

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Arkansas Code — all titles (historical 2020) · legal_authorities

24-7-601. Credited service generally.

24-7-601. Credited service generally. (a) By rule, the Board of Trustees of the Arkansas Teacher Retirement System shall fix and determine the number of years, and fraction thereof, of service to be credited each member for his or her employment as an employee. (b)(1) A member shall be employed by an employer covered by the Arkansas Teacher Retirement System for a minimum of one hundred sixty (160) days per fiscal year to earn one (1) year of credited service. (2) Fractional years of service may be granted beginning July 1, 1971, as prescribed by the board. (3) A member shall not receive more than one (1) year of service in any one (1) fiscal year. (4)(A) Beginning July 1, 2011, a contributory member who accrues less than one-fourth (¼) year of service credit in a fiscal year may accumulate and carry forward days of service until the first fiscal year in which the contributory member accrues the minimum days of service required to credit one-fourth (¼) year of service credit. (B) Upon the contributing member's accruing of a minimum of one-fourth (¼) year of service credit, the: (i) Service credit shall be applied to the latest fiscal year; and (ii) Carry-forward days shall be reset to zero (0). (c)(1) Days of absence from service because of sickness shall be considered as service if the days are paid sick leave. (2)(A) Except as provided under subdivision (c)(2)(B) of this section, paid or unpaid accrued, unused sick leave shall not be credited as service in the Arkansas Teacher Retirement System. (B) If a member dies during active service on or after July 1, 2013, the member's accrued unused sick leave, whether paid or unpaid, shall be credited as service in the fiscal year of the member's death to determine the member's retirement eligibility, fi

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-7-601

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 24-7-601. This identifies an authority to review, not proof of applicability.