Ark. Code Ann. § 24-7-1311

Term of participation in Teacher Deferred Retirement Option Plan

Acts 1995, No. 1096, § 1; 2007, No. 298, § 6; 2011, No. 45, § 21.

(1) The Arkansas Teacher Retirement System's monthly deposit into the member's Teacher Deferred Retirement Option Plan shall not exceed one (1) plan term of ten (10) consecutive years, beginning with the member's plan date.

(2) Once a member participates in the plan, the member shall no longer accrue service credit under any state-supported retirement system, even if the member returns to work.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.