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AR SB144
Bill
Status
3/19/2019
Primary Sponsor
Eddie Cheatham
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AI Summary
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Amends Arkansas Code § 24-6-411(c)(1) to modify the marriage duration requirement for surviving spouses to receive death benefits under the State Police Retirement System Tier Two Benefit Plan from one year to six months immediately preceding the member's death.
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Surviving spouses meeting the six-month marriage requirement receive an annuity calculated as if the deceased member had retired on the date of death, elected the Option B75 survivor annuity, and designated the spouse as joint beneficiary.
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The act applies retroactively to January 1, 2017.
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Approved on March 19, 2019.
Legislative Description
To Amend The Law Concerning Death Benefit Provisions Under The State Police Retirement System.
Last Action
Notification that SB144 is now Act 511
3/19/2019