Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 24-7-1606 - Concurrent participation and certain salary credit prohibited — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Arkansas/
  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 16 - Arkansas Teacher Retirement System - Optional Participation by Employees of Institutions of Higher Education/
  7. Section 24-7-1606 - Concurrent participation and certain salary credit prohibited
Arkansas Legal Code

Section 24-7-1606 - Concurrent participation and certain salary credit prohibited

Ask AI about this
(a) A benefits-eligible employee shall not participate in an alternate retirement plan and continue to accrue service credit with the Arkansas Teacher Retirement System.(b) If a benefits-eligible employee is first employed by a nonmandatory employer or PSHE employer after July 1, 2011, and is concurrently employed by another retirement system employer, all separate days of service shall count for service credit, but only the highest salary of the concurrent retirement system employer shall count to determine final average salary. Acts 2011, No. 513, § 1.