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Section 24-6-305 - Method of collection — Arkansas Law | CourtGPT
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  4. Title 24 - Retirement and Pensions (§§ 24-1-101 — 24-12-204)/
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  6. Subchapter 3 - Deferred Option Plan/
  7. Section 24-6-305 - Method of collection
Arkansas Legal Code

Section 24-6-305 - Method of collection

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A participant in the Arkansas State Police Officers Deferred Option Plan shall receive, at the option of the participant, a lump-sum payment from the account equal to the payments to the account, or a true annuity based upon the account of the participant, or may elect any other method of payment if approved by the Board of Trustees of the State Police Retirement System.Acts 1995, No. 967, § 1.

A participant in the Arkansas State Police Officers Deferred Option Plan shall receive, at the option of the participant, a lump-sum payment from the account equal to the payments to the account, or a true annuity based upon the account of the participant, or may elect any other method of payment if approved by the Board of Trustees of the State Police Retirement System.Acts 1995, No. 967, § 1.