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24-7-726. Computation of benefits based on contract salary.
Arkansas Code — all titles (historical 2020) · legal_authorities
24-7-726. Computation of benefits based on contract salary.
If a person employed in a public school district of this state has received an actual salary reduced below the contract salary due to military service or other government service, the Arkansas Teacher Retirement System shall compute retirement benefits based upon the contract salary and not the reduced salary resulting from the military service or other government service, provided that the system receives the employee and employer contributions in effect at the time service is rendered, plus interest, on the difference between the actual salary and the contract salary.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-7-726
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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Record provenance
Stable record: arkansas_code:legal_authorities:24-7-726
Source file: gov.ar.code.title.24.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a4957e7bf4e58a8d769f3ea2460f3c4a4ba958c5409d87f126da25352e75bd16
Source location: content.xml paragraph 7386
Stored source content
24-7-726. Computation of benefits based on contract salary.
If a person employed in a public school district of this state has received an actual salary reduced below the contract salary due to military service or other government service, the Arkansas Teacher Retirement System shall compute retirement benefits based upon the contract salary and not the reduced salary resulting from the military service or other government service, provided that the system receives the employee and employer contributions in effect at the time service is rendered, plus interest, on the difference between the actual salary and the contract salary.
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