Arkansas Code Annotated
Ark. Code Ann. § 24-5-126 (2020)
Increase in benefits
✓ Arkansas Code release r76: Acts through about 2020 (2021-2025 sessions missing)
- Effective July 1, 1991, the monthly retirement benefit payable to the retirees and beneficiaries of the Arkansas State Highway Employees' Retirement System who are entitled to receive an annuity for July 1991 shall be increased by four percent (4%) above the annuity such retiree or beneficiary received for June 1991.
- The increase in benefits as provided in this section shall be added to the base annuity for the purpose of computing the annual postretirement increase as provided in § 24-5-119(a) for the benefit redetermination July 1, 1991, and for all years thereafter.
History. Acts 1991, No. 380, § 3.
A.C.R.C. Notes. References to “this chapter” in §§ 24-5-101 — 24-5-109, 24-5-112 — 24-5-118, and 24-5-204 may not apply to this section which was enacted subsequently.
Notes of Decisions
Cited in 1
case, 2004–2004 · leading case: Weiss v. McFadden, 148 S.W.3d 248 (Ark. 2004).
Weiss v. McFadden, 148 S.W.3d 248 (Ark. 2004). “§ 24-4-612 (APERS retirees), § 24-5-126 (State Highway retirees), and § 24-6-224 (State Police retirees).”
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