Ark. Code Ann. § 24-2-704

This is the official text of Ark. Code Ann. § 24-2-704, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.

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Retirement in event of government reorganization

Official statutory text

(a) In the event of any structural reorganization of state government operations, all current employees, appointees, trustees, and commissioners of any affected agency, board, or commission shall remain associated with the state-supported retirement system that existed for them as of the date immediately prior to the reorganization. (b) (1) Member employers and employees of any state-supported retirement system shall remain covered by their respective systems. (2) The transition of any state agency or other political subdivision of the state from one state-supported retirement system to another shall be accomplished through enabling legislation in the Eighty-fifth General Assembly. (3) In the event of a retirement coverage transition, there shall be no transfer of service from one retirement system to another. Instead, the provisions of §§ 24-2-402 - 24-2-405 , 24-2-407 , and 24-2-408 shall be in full force and effect. Acts 2003, No. 751, § 1.

(a) In the event of any structural reorganization of state government operations, all current employees, appointees, trustees, and commissioners of any affected agency, board, or commission shall remain associated with the state-supported retirement system that existed for them as of the date immediately prior to the reorganization.

(b) (1) Member employers and employees of any state-supported retirement system shall remain covered by their respective systems. (2) The transition of any state agency or other political subdivision of the state from one state-supported retirement system to another shall be accomplished through enabling legislation in the Eighty-fifth General Assembly. (3) In the event of a retirement coverage transition, there shall be no transfer of service from one retirement system to another. Instead, the provisions of §§ 24-2-402 - 24-2-405 , 24-2-407 , and 24-2-408 shall be in full force and effect.

(1) Member employers and employees of any state-supported retirement system shall remain covered by their respective systems.

(2) The transition of any state agency or other political subdivision of the state from one state-supported retirement system to another shall be accomplished through enabling legislation in the Eighty-fifth General Assembly.

(3) In the event of a retirement coverage transition, there shall be no transfer of service from one retirement system to another. Instead, the provisions of §§ 24-2-402 - 24-2-405 , 24-2-407 , and 24-2-408 shall be in full force and effect.

Acts 2003, No. 751, § 1.

Status: in_force

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