Ark. Code § 24-1-301

Current with legislation from 2024 effective through May 3, 2024.

Section 24-1-301 - Definitions

As used in this subchapter:

(1) "Beneficiary" means an individual who receives or is designated by a member or retirant to receive a plan benefit under a retirement system; and

(2) "Retirement system" means:

(A) The Arkansas Teacher Retirement System, established by the Arkansas Teacher Retirement System Act, § 24-7-201 et seq.;

(B) The Arkansas State Highway Employees' Retirement System, established by § 24-5-103;

(C) The Arkansas Public Employees' Retirement System, established by § 24-4-103;

(D) The State Police Retirement System, established by § 24-6-203;

(E) The Arkansas Judicial Retirement System, established by § 24-8-201 et seq.;

(F) An alternate retirement plan for:

(i) A college, university, or the Division of Higher Education provided for under § 24-7-801 et seq.; and

(ii) A vocational-technical school or the Division of Career and Technical Education, the Adult Education Section, and the Office of Skills Development, provided for under § 24-7-901 et seq.;

(G) The Arkansas Local Police and Fire Retirement System provided for under § 24-10-101 et seq.; and

(H) A firemen's relief and pension fund or a policemen's pension and relief fund provided for under § 24-11-101 et seq.

Ark. Code § 24-1-301

Amended by Act 2019, No. 910,§ 2358, eff. 7/1/2019.

Added by Act 2017, No. 756,§ 1, eff. 8/1/2017.