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Section 24-7-1503 - Ad hoc benefit formula — Arkansas Law | CourtGPT
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  4. Title 24 - Retirement and Pensions (§§ 24-1-101 — 24-12-204)/
  5. Chapter 7 - Retirement of Employees of Schools and Educational Institutions Sub/
  6. Subchapter 15 - Retirees' Ad Hoc Increase Act/
  7. Section 24-7-1503 - Ad hoc benefit formula
Arkansas Legal Code

Section 24-7-1503 - Ad hoc benefit formula

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The schedule of decade dollar amounts per year of credited service is:Formula Decades in Which Credited Service Was Accrued ServiceAnnual $ Increase Per Year of Credited Service2000 - and later$51990-1999$101980-1989$201970-1979$301960-1969$401950-1959$501940-1949$601930-1939$701920-1929$801910-1919$90Amended by Act 2023, No. 107,§ 60, eff. 7/1/2023.Acts 2009, No. 1315, § 1.