reglab/housing_qa huggingface dataset:
AR Code § 24-4-210 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 2 - Funds and Management of Assets|§ 24-4-210. Transfer of funds to cover retired county constitutional officers

 (a)  (1) On July 1, 1979, the actuary for the Arkansas Public Employees' Retirement System shall make a determination of the amount necessary to be collected on a monthly basis during the ensuing one hundred twenty (120) months to set up the Retirement Reserve Fund for all persons retired as elected county constitutional officers on July 1, 1978.  (2) The amount, as determined by the actuary, shall be certified by the Board of Trustees of the Arkansas Public Employees' Retirement System to the Chief Fiscal Officer of the State. He or she shall in turn cause the amount so certified to be transferred in equal monthly installments from the County Aid Fund or from any other general revenue fund authorized by law for the purpose, from general revenues allocated thereto to counties, to the Arkansas Public Employees' Retirement System Fund for credit to the County Constitutional Officers' Subdivision.  (3) The amounts so certified shall also include regular interest which would have been collected by the system.    (b)  (1) As additional persons are retired under the provisions of the County Constitutional Officers' Subdivision after July 1, 1978, the retirement reserve amount as determined by the system's actuary shall be certified to the Chief Fiscal Officer of the State by the board.  (2) The Chief Fiscal Officer of the State shall then cause the amount so certified to be transferred in one (1) lump sum from the County Aid Fund or from any other general revenue fund authorized by law for the purpose, from general revenues allocated thereto to counties, to the Arkansas Public Employees' Retirement System Fund for credit to the County Constitutional Officers' Subdivision.
AR Code § 24-4-211 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 2 - Funds and Management of Assets|§ 24-4-211. Disposition of funds returned to hospitals withdrawing from system

 Any hospital excluding its employees from the Arkansas Public Employees' Retirement System and receiving a return of any funds as provided in § 24-4-302(3) shall immediately invest the funds in a retirement system or plan for the employees of the hospital.
AR Code § 24-4-212 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 2 - Funds and Management of Assets|§ 24-4-212. No waiver of sovereign immunity

 Nothing in this chapter shall be taken or interpreted as a waiver of the state's sovereign immunity.
AR Code § 24-4-213 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 2 - Funds and Management of Assets|§ 24-4-213. Socially responsible investments

 A decision on whether to invest, not invest, or withdraw from investment the funds of the Arkansas Public Employees' Retirement System shall not be based on a consideration that the location of the investment, fund, company, or any other type of investment vehicle is in the State of Israel.
AR Code § 24-4-304 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 3 - Membership|§ 24-4-304. Credited service — Cessation of employment — Reemployment

 (a)  (1)  (A) When a member is no longer employed in a position covered by the Arkansas Public Employees' Retirement System, he or she shall thereupon cease to be a member.  (B) Except as otherwise provided in this chapter, upon termination of his or her membership, a member's credited service is forfeited.    (2) If the person is not a retirant and becomes reemployed in a position covered by the system, the person shall become a member of the system, and the person's credited service which did not require member contributions and then was forfeited by him or her at termination of covered employment shall be restored to his or her credit.    (b)  (1) Upon a member's retirement, he or she shall cease to be a member.  (2) Except as provided otherwise in this chapter, he or she shall not again become a member.    (c) Should a former member entitled to a deferred annuity provided for in § 24-4-510 become employed in a position covered by the system before becoming a retirant, the member shall thereupon cease to be entitled to a deferred annuity and shall become a member with his or her last credited service reinstated.
AR Code § 24-4-401 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 4 - Employer and Employee Contributions|§ 24-4-401. Contributions of members

 (a)  (1) The members' deposit account shall be the account in which members' contributions shall be accumulated with interest as stipulated by § 24-4-209(a) and from which shall be made transfers and refunds of contributions or accumulated contributions as provided in this act.  (2) Upon the retirement of a member, his or her accumulated contributions standing to his or her credit in the members' deposit account shall be transferred to the retirement reserve account.    (b)  (1)  (A) Until July 1, 2005, the contributions of a contributory member shall be six percent (6%) of the member's annual compensation.  (B) Beginning July 1, 2005, the contribution rate shall be five percent (5%) of the member's annual compensation for a contributory member.  (C) The member's deposit account shall be credited interest at a rate of four percent (4%) per annum beginning July 1, 2005.    (2) The officer responsible for making up the payroll for each public employer shall cause the contributions provided for in this section to be deducted from the compensation of each member in the employ of a public employer.  (3) The contributions shall be deducted on every payroll, for every payroll period, from the date of the member's entrance into the Arkansas Public Employees' Retirement System to the date his or her membership terminates.  (4) When deducted, each of the amounts shall be paid by the public employer to the Arkansas Public Employees' Retirement System Fund and shall be credited to the individual account in the members' deposit account of the member from whose compensation the contributions were deducted.  (5) The contributions provided for in this section shall be made notwithstanding that the minimum salary or wages for any member shall be thereby changed.  (6) Each member shall be deemed to consent and agree to the deductions made and provided for in this section.  (7) Payment of a member's compensation less deductions shall be a full and complete discharge and acquittance of all claims and demands whatsoever for services rendered to a public employer by the member, except as to benefits provided by this act.    (c)  (1) The official designated by the board of each participating public employer shall remit to the board the contributions deducted from the compensations of members in the employ of the employer.  (2) The remittances shall be made in such manner and form, shall be made in such frequency, and shall from time to time be accompanied by such supporting data as the board shall prescribe.    (d) It is expressly guaranteed that all members' contributions shall be held in trust for the exclusive benefit of the individual members and that no part of the funds shall ever be used for any other purpose.
AR Code § 24-4-402 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 4 - Employer and Employee Contributions|§ 24-4-402. Contributions of state and local government division employers — Accounts of retirement system

 (a)  (1) The employers' accumulation account shall be the account in which shall be accumulated the contributions made by public employers to the Arkansas Public Employees' Retirement System.  (2) Upon the retirement of a member, the difference between the member's annuity reserve and his or her accumulated contributions standing to his or her credit in the members' deposit account shall be transferred from the employers' accumulation account to the retirement reserve account.    (b)  (1) The state employer contributions shall be a set percentage rate of the compensations of state employees who are active members as well as those retired members who have returned to work under § 24-4-520. The rate of percentage shall be set by the Board of Trustees of the Arkansas Public Employees' Retirement System as provided for by § 24-2-701.  (2) The state's contributions, when paid into the Arkansas Public Employees' Retirement System Fund, shall be credited to the employers' accumulation account.    (c)  (1) The employer contributions to be paid by each participating public employer, other than the state, shall be a set percentage rate of the compensations of its employees who are active members as well as those retired members who have returned to work under § 24-4-520. The rate of percentage shall be set by the board as provided for by § 24-2-701.  (2) The participating public employers' contributions, when paid into the fund, shall be credited to the employers' accumulation account.    (d)  (1) The retirement reserve account shall be the account from which all annuities shall be paid as provided for in this act.  (2) If a disability retirant returns to the employ of a public employer, the retirant's annuity reserve at that time shall be transferred from the retirement reserve account to the members' deposit account and the employers' accumulation account in the same proportion as the annuity reserve was originally transferred to the retirement reserve account.    (e)  (1) The income account shall be the account to which shall be credited all interest, dividends, and other income from investments of the system, all gifts and bequests received by the system, and all other moneys, the disposition of which is not specifically provided for in this act.  (2) There shall be paid or transferred from the income account all amounts required to credit regular interest to the various divisions of the members' deposit account, employers' accumulation account, and the retirement reserve account, as provided in this act.  (3) Whenever the board determines that the balance in the income account is more than sufficient to cover current charges to the account, the excess may be transferred by the board to any of the other accounts of the system to cover special needs of the accounts.
AR Code § 24-4-501 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 5 - Credited Service and Eligibility for Benefits|§ 24-4-501. Prior service credit generally — Straight life annuity

 (a)  (1) Any member of the Arkansas Public Employees' Retirement System who became a member of the system on July 1, 1957, in the case of a state employee, or who became a member of the system on July 1, 1959, in the case of a county employee, and who was continuously employed by a public employer to June 8, 1961, upon application and submission of proper proof to the Board of Trustees of the Arkansas Public Employees' Retirement System, as authorized by this chapter, may receive prior service credit for any service rendered a public employer, as defined in § 24-4-101, in the State of Arkansas in a position covered by some other existing retirement system of this state authorized by law, other than Social Security.  (2) Prior service credit may be received only if the member does not have standing to his or her credit in the other retirement system for the same period of time and is no longer a member of, or eligible for membership in, or receiving benefits from, the other retirement system or systems.    (b) Any active member of the Arkansas Public Employees' Retirement System who would otherwise be eligible for free prior service credit under the provisions of this chapter because of employment with a public employer or with the public schools but who was drafted and was serving in the military on active duty on a date which would have made the member eligible for the free prior service had the member been an employee on that date shall receive, upon application and submission of proper proof to the board, free prior service credit for employment prior to July 1, 1957, in the case of a state, municipal, or school employee, or prior to July 1, 1959, in the case of a county employee, if the following conditions are met:  (1) The member was an employee of a public employer immediately preceding his or her involuntary service in the armed forces; and  (2) The member was reemployed as an employee within six (6) months of his or her discharge from the United States Armed Forces.    (c) For the purposes of this subsection, prior service credit eligibility dates are:  (1) July 1, 1957, for state employees;  (2) July 1, 1959, for county employees;  (3) October 1, 1957, and October 1, 1965, for school employees;  (4) July 1, 1957, and January 1, 1963, for colleges and universities; or  (5) The date the employer begins participation in the Arkansas Public Employees' Retirement System, for municipalities.
AR Code § 24-4-508 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 5 - Credited Service and Eligibility for Benefits|§ 24-4-508. Eligibility for benefits — Retirement generally

 (a) Any member may voluntarily retire upon his or her written application filed with the Board of Trustees of the Arkansas Public Employees' Retirement System setting forth at what time, not less than thirty (30) days nor more than ninety (90) days subsequent to the execution and filing of the application, that he or she desires to be retired if that member has:  (1) Twenty-eight (28) or more years of credited service regardless of age;  (2) Attained or attains age sixty (60) and has twenty (20) or more years of actual contributory service commenced prior to January 1, 1978; or  (3) Attained or attains age sixty-five (65) and has five (5) or more years of actual service, except for a member of the General Assembly who must have ten (10) or more years of actual service if he or she only has service as a member of the General Assembly.    (b)  (1) Total credited service to qualify for a benefit may be service with the Arkansas Public Employees' Retirement System and service with the University of Arkansas System, which service is covered by the retirement system recognized by the University of Arkansas.  (2) The benefit payable by the Arkansas Public Employees' Retirement System shall be based on credited service in the system and on the final average compensation in the system. However, should a member have less than four (4) years of credited service in the system, “final average compensation” means the monthly average of pays to the member during his or her total years of service in the system.    (c)  (1) An annuity determination shall be made promptly by the Arkansas Public Employees' Retirement System upon a member's filing a written application for retirement in accordance with subsection (a) of this section.  (2) The determination shall include the member's total years of credited service, the specific factors used to make the determination, the base annuity payable to the member, and the amount of annuity payments, if any, payable under the annuity options of § 24-4-606.  (3) If the member is not eligible for a retirement annuity, the determination shall state the reasons for the determination.    (d) A member's retirement election is irrevocable except under circumstances as may be permitted by the board by rule.
AR Code § 24-4-512 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 5 - Credited Service and Eligibility for Benefits|§ 24-4-512. Eligibility for benefits — Prior service credit for county members

 Any member of the County Division of the Arkansas Public Employees' Retirement System may, upon application and submission of proper proof to the Board of Trustees of the Arkansas Public Employees' Retirement System, receive credit for any service rendered a public employer, as defined in § 24-4-101, prior to July 1, 1959, subject to the following conditions:   (1) That he or she was employed by a county participating public employer on July 1, 1957; and  (2) That he or she was employed by a state department participating public employer on July 1, 1959.
AR Code § 24-4-514 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 5 - Credited Service and Eligibility for Benefits|§ 24-4-514. Credit for educational leave

 (a) As used in this section:  (1) “Educational leave” means a leave of absence from employment in a position covered by the Arkansas Public Employees' Retirement System to pursue a degree from an institution of higher education; and  (2) “System” means the Arkansas Public Employees' Retirement System.    (b) On or after July 1, 1987, any person who is a member of the system and who is not receiving benefits under the system on July 1, 1987, shall be entitled to purchase credited service in the system for a period not to exceed twelve (12) months for actual time spent on educational leave, provided that the person:  (1) Has ten (10) or more years of actual service with the system;  (2) Was paid a stipend during the period of educational leave;  (3) Had creditable service before and for at least two (2) years after the period of educational leave; and  (4) Pays or causes to be paid the sum of all employee contributions at the rate and on the compensation that would have been paid had he or she been a member of the system during that period of time, all employer contributions based on the employer normal cost from the most recently completed regular annual actuarial valuation and the compensation that would have been paid had he or she been a member during that time, and regular interest on the employee and employer contributions computed from the date of the educational leave to the date the payment is received by the system.
AR Code § 24-4-516 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 5 - Credited Service and Eligibility for Benefits|§ 24-4-516. Credit for lost credited service due to work-related injury

 (a) Any member of the Arkansas Public Employees' Retirement System who suffers from or who has suffered in the past from a work-related injury for which workers' compensation benefits were paid under the workers' compensation laws, and whose annuity from the system would otherwise be reduced due to the reduced salary and lost credited service, shall be entitled to obtain credited service for the actual time period of reduced salary and lost service credit by paying to the system all employee contributions at the rate and on the compensation that would have been paid had he or she been a member of the system during that time, all employer contributions based on the employer normal cost from the most recently completed regular annual actuarial valuation and the compensation that would have been paid had he or she been a member during that time, and regular interest on the employee and employer contributions computed from the date the service would have been rendered to the date the payment is received by the system.  (b) Provided, however, at the discretion of the employer, any employer under the system may elect to implement a policy to pay the employer's portion of any contributions that an employee would otherwise be responsible to pay under this section to receive the service credit.
AR Code § 24-4-517 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 5 - Credited Service and Eligibility for Benefits|§ 24-4-517. State service under a federal grant — Definition

 (a) As used in this section, “state service under a federal grant” means service rendered to any state agency while detailed or assigned to the agency under the terms of a federal grant agreement between an agency of the federal government and a state agency to perform services for the state agency and to be under the supervision of state administrators while being paid from federal grant funds awarded to the state agency and withheld from the federal grant moneys.  (b) From and after January 1, 1995, any person who is or was a member of the Arkansas Public Employees' Retirement System shall be entitled to purchase credited service in the system for a period not to exceed three (3) years for state service under a federal grant, but only if the person:  (1) Has at least ten (10) years of actual service with the system;  (2) Is not receiving or was not eligible to receive any retirement benefits paid by another retirement system for the period of time for which he or she is claiming state service under a federal grant, except for Social Security benefits, if the person had left on deposit the contributions to the other system;  (3)  (A) Pays or causes to be paid all employee contributions at the rate and on the compensation that would have been paid had he or she been a member of the system during that time, all employer contributions based on the employer normal cost from the most recently completed regular annual actuarial valuation and the compensation that would have been paid had he or she been a member during that time, and regular interest on the employee and employer contributions computed from the date the service was rendered to the date payment is received by the system.  (B) The member may purchase all of the service or any portion thereof in multiples of one (1) year.  (C) The payment of funds shall be made in one (1) lump sum; and    (4) Has otherwise complied with all other rules as the Board of Trustees of the Arkansas Public Employees' Retirement System may from time to time adopt under this section.
AR Code § 24-4-518 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 4 - Arkansas Public Employees' Retirement System|Subchapter 5 - Credited Service and Eligibility for Benefits|§ 24-4-518. Credit for service as sheriff

 A sheriff or former sheriff who became a member of the Arkansas Public Employees' Retirement System pursuant to Acts 1995, No. 846, § 1, may purchase his or her time as an elected sheriff prior to July 28, 1995. At his or her option, the sheriff or former sheriff may receive credit for the service, subject to the following conditions:   (1) The person is a participating employee covered under the system at the time of the purchase or was a sheriff who became a member pursuant to Acts 1995, No. 846, § 1;  (2) The person furnishes proof in a form required by the system of the service and compensation received;  (3) The person pays or causes to be paid:  (A) All employee contributions at the rate and on the compensation that would have been paid had he or she been a member during that time;  (B) All employer contributions based on the employer normal cost from the most recently completed regular annual actuarial valuation and the compensation that would have been paid had he or she been a member during that time; and  (C) Regular interest on the employee and employer contributions. The interest shall be computed from the date the service was rendered to the date the payment is received by the system. The person may purchase all of the service or any portion thereof in multiples of one (1) year; and    (4) The payment of funds shall be made in one (1) lump sum.