Browse Arkansas Code titles and sections
6-57-103. Employee benefits.
Arkansas Code — all titles (historical 2020) · legal_authorities
6-57-103. Employee benefits.
(a)(1) Employees of Arkansas Valley Technical Institute as of June 30, 2003, who are eligible for payment of accrued sick leave upon retirement or death under § 21-4-501 shall retain that benefit.
(2) This benefit shall be paid upon the employee's retirement or death from the funds restricted to expenditures in support of Arkansas Valley Technical Institute.
(3) Individuals employed after June 30, 2003, shall not be entitled to receive compensation under § 21-4-501.
(b)(1) Employees of Arkansas Valley Technical Institute as of June 30, 2003, who are enrolled in the alternative retirement plan and are receiving a retirement match of twelve percent (12%) shall retain the benefit.
(2) Individuals employed after June 30, 2003, shall not be entitled to enroll in the alternative retirement program.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-57-103
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:6-57-103
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5b555522707228bd8f17aaa4942a1c91b97b16827cd2c402f3e010dff056800d
Source location: content.xml paragraph 33133
Stored source content
6-57-103. Employee benefits.
(a)(1) Employees of Arkansas Valley Technical Institute as of June 30, 2003, who are eligible for payment of accrued sick leave upon retirement or death under § 21-4-501 shall retain that benefit.
(2) This benefit shall be paid upon the employee's retirement or death from the funds restricted to expenditures in support of Arkansas Valley Technical Institute.
(3) Individuals employed after June 30, 2003, shall not be entitled to receive compensation under § 21-4-501.
(b)(1) Employees of Arkansas Valley Technical Institute as of June 30, 2003, who are enrolled in the alternative retirement plan and are receiving a retirement match of twelve percent (12%) shall retain the benefit.
(2) Individuals employed after June 30, 2003, shall not be entitled to enroll in the alternative retirement program.
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Arkansas Code — all titles (historical 2020) · legal_authorities
21-4-501. Compensation for unused sick leave at retirement.
(a) Upon retirement or death, any employee or beneficiary of any employee of any agency of the State of Arkansas shall receive compensation for accumulated unused sick leave as follows:
(1) If the employee has accumulated at least fifty (50) days but fewer than sixty (60) days of sick leave, the employee shall receive an amount equal to fifty percent (50%) of the number of accrued sick leave days rounded to the nearest day multiplied by fifty percent (50%) of the employee's daily salary;
(2) If the employee has accumulated at least sixty (60) days but fewer than seventy (70) days of sick leave, the employee shall receive an amount equal to sixty percent (60%) of the number of accrued sick leave days rounded to the nearest day multiplied by sixty percent (60%) of the employee's daily salary;
(3) If the employee has accumulated at least seventy (70) days but fewer than eighty (80) days of sick leave, the employee shall receive an amount equal to seventy percent (70%) of the number of accrued sick days rounded to the nearest day multiplied by seventy percent (70%) of the employee's daily salary; and
(4) If the employee has accumulated at least eighty (80) or more days of sick leave, the employee shall receive an amount equal to eighty percent (80%) of the number of accrued sick leave days rounded to the nearest day multiplied by eighty percent (80%) of the employee's daily salary.
(b) For purposes of this section, the employee's daily salary shall be determined by dividing the annual salary by two hundred sixty (260).
(c) The Office of Personnel Management shall promulgate rules necessary to implement this subchapter.
(d) In no event shall an employee or beneficiary of an employee receive an amount
Source: Arkansas Code — historical release 78 (November 6, 2020) · 21-4-501
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 21-4-501. This identifies an authority to review, not proof of applicability.