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AR HB1018

Bill

Status

Passed

2/16/2011

Primary Sponsor

Allen Kerr

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Origin

House of Representatives

88th General Assembly (2011 Regular)

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