2010 Arkansas Code
Title 24 - Retirement And Pensions
Chapter 4 - Arkansas Public Employees' Retirement System
Subchapter 5 - Credited Service and Eligibility for Benefits
§ 24-4-521 - Credited service generally.

24-4-521. Credited service generally.

(a) The Board of Trustees of the Arkansas Public Employees' Retirement System shall establish the amounts of service to be credited its members subject to the provisions of subsection (b) of this section.

(b) (1) Noncontributory employment service by a person who was employed prior to July 1, 1997, as a public safety member shall be credited at one and one-half (1 1/2) times the regular rate for crediting service, and employment service by persons employed on and after July 1, 1997, shall be credited at the regular rate for crediting service, except that at least five (5) years of actual service shall be required to meet the retirement eligibility requirements of 24-4-601 and 24-4-510 -- 24-4-512, and at least five (5) years of actual service shall be required to meet the eligibility requirements of 24-4-608.

(2) (A) (i) Noncontributory employment as Governor by a person first elected to a public office covered by the Arkansas Public Employees' Retirement System prior to July 1, 1999, shall be credited as service at three (3) times the regular rate for credited service.

(ii) Noncontributory employment as Governor by a person first elected to a public office covered by the system on or after July 1, 1999, shall be credited at the regular rate for crediting service.

(B) However, at least four (4) years of actual service shall be required to meet the retirement eligibility requirements of 24-4-601 and 24-4-510 -- 24-4-512, and at least five (5) years of actual service shall be required to meet the eligibility requirements of 24-4-608.

(3) (A) (i) Noncontributory employment as an elected state constitutional officer by a person first elected to a public office covered by the system prior to July 1, 1999, shall be credited at two and one-half (21/2) times the regular rate for crediting service.

(ii) Noncontributory employment as an elected state constitutional officer by a person first elected to a public office covered by the system on or after July 1, 1999, shall be credited at the regular rate for crediting service.

(B) However, at least five (5) years of actual service shall be required to meet the retirement eligibility requirements of 24-4-601 and 24-4-510 -- 24-4-512, and at least five (5) years of actual service shall be required to meet the eligibility requirements of 24-4-608.

(4) (A) Noncontributory employment as a member of the General Assembly shall be credited at the regular rate for crediting service, except that at least ten (10) years of actual service shall be required to meet the retirement eligibility requirements of 24-4-510, 24-4-511, and 24-4-609, and at least five (5) years of actual service shall be required to meet the eligibility requirements of 24-4-608.

(B) A member of the General Assembly who at any time has served at least six (6) months during a two-year term in the General Assembly shall be credited with no more than one (1) year's actual service.

(5) Noncontributory employment as an elected public official other than Governor or an elected state constitutional officer or a member of the General Assembly or an elected public official under the state division of the system shall be credited as service at two (2) times the regular rate for crediting service, except that at least five (5) years of actual service shall be required to meet the retirement eligibility requirements of 24-4-601 and 24-4-510 -- 24-4-512, and at least five (5) years of actual service shall be required to meet the eligibility requirements of 24-4-608.

(6) (A) Noncontributory employment as an elected public official under the state division of the system other than Governor or an elected state constitutional officer or a member of the General Assembly by a person first elected to a public office covered by the Arkansas Public Employees' Retirement System prior to July 1, 1999, shall be credited as service at two (2) times the regular rate for crediting service, except that at least five (5) years of actual service shall be required to meet the retirement eligibility requirements of 24-4-601 and 24-4-510 -- 24-4-512, and at least five (5) years of actual service shall be required to meet the eligibility requirements of 24-4-608.

(B) Noncontributory employment as an elected public official under the state division of the system other than Governor or an elected state constitutional officer or a member of the General Assembly by a person first elected to a public office covered by the system on or after July 1, 1999, shall be credited at the regular rate for crediting service.

(c) As used in this section, "elected state constitutional officer" means the Lieutenant Governor, Attorney General, Secretary of State, Auditor of State, Treasurer of State, and Commissioner of State Lands.

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