§ 24-7-1003 - Membership in Arkansas Public Employees' Retirement System for certain University of Arkansas employees. - Arkansas Statutes

24-7-1003. Membership in Arkansas Public Employees' Retirement System for certain University of Arkansas employees.

(a) All employees of the University of Arkansas system who are not members of any state-supported retirement system or retirement system recognized by the university system on September 1, 1985, shall become members of the Arkansas Public Employees' Retirement System.

(b) (1) All persons employed by the University of Arkansas system after September 1, 1985, shall choose, at the time of employment, which state-supported retirement system or retirement system recognized by the university system they desire to be a member of.

(2) Any employee who fails to make the election at the time of employment shall become a member of the Arkansas Public Employees' Retirement System.

(c) All employees of the University of Arkansas system who were members of either the Arkansas Teacher Retirement System or the Arkansas Public Employees' Retirement System before July 4, 1983, shall continue to be members of the same system.