There is a newer version of the Arkansas Code
2010 Arkansas Code
Title 24 - Retirement And Pensions
Chapter 6 - State Police Retirement
Subchapter 5 - Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan
§ 24-6-504 - Employer contributions.
24-6-504. Employer contributions.When an employee who is a member of the State Police Retirement System's Tier Two Benefit Plan begins participation in the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan:
(1) The employer contributions shall continue to be paid;
(2) State contributions for the employee shall be credited to the State Police Retirement System; and
(3) Seventy-two percent (72%) of the monthly retirement benefits that would have been payable had the employee elected to cease employment and receive a service retirement shall be paid into the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan account.
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