Ark. Code § 24-7-901

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

Section 24-7-901 - Definitions

As used in this subchapter, unless the context otherwise requires:

(1) "Alternate retirement plan" means a retirement plan, based on the purchase of contracts approved by the Career Education and Workforce Development Board before the effective date of Acts 2019, No. 910, which provides retirement and death benefits for the:

(A) Instructors and administrative staff of the technical institutes or postsecondary vocational-technical schools of the State of Arkansas; and

(B) Staff of the Department of Career Education as it existed before the effective date of Acts 2019, No. 910;

(2) "Retirement system" means the Arkansas Teacher Retirement System;

(3) "School" means any technical institute or postsecondary vocational-technical school established pursuant to § 6-51-202 for the vocational training of students; and

(4) "Staff members" means both instructors and administrative staff of a technical institute or postsecondary vocational-technical school and the staff of the department who are eligible for membership in the retirement system.

Ark. Code § 24-7-901

Amended by Act 2021, No. 545,§ 25, eff. 7/28/2021.

Amended by Act 2019, No. 84,§ 1, eff. 7/24/2019.

Acts 1983, No. 480, § 1; A.S.A. 1947, § 80-1466; Acts 1999, No. 1323, § 49.