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AR HB1018
Bill
Status
Passed
2/16/2011
Primary Sponsor
Allen Kerr
Click for details
AI Summary
- Amends Arkansas Code § 24-4-520 to define "terminate" for retirement eligibility purposes under the Arkansas Public Employees' Retirement System
- For regular members, "terminate" requires: employment has ended, complete severance of employer-employee relationship, and ceasing all services except non-compensated functions related to duty or position transfers
- For elected public officials, "terminate" requires: resignation, removal, or loss of elected position, complete severance from the position, and ceasing services except non-compensated transfer-related functions
- Clarifies that "terminate" does not include taking leave of absence, performing work without pay, or receiving additional compensation and benefits
- Declares an emergency effective date to prevent members from removing themselves from payroll while continuing to work in order to draw retirement benefits simultaneously with wages
Legislative Description
To Define Terminate As That Term Applies To Eligibility For Retirement Under The Arkansas Public Employees' Retirement System.
Last Action
House Notification that HB1018 is now Act 40
2/16/2011
Committee Referrals
Public Retirement & Social Security Programs1/10/2011
Full Bill Text
No bill text available