Arkansas Code
Subchapter 1 - General Provisions
§ 24-1-106. Benefit enhancements

(a) No benefit enhancement provided for by §§ 24-2-302, 24-2-306, 24-2-401, 24-2-402, 24-2-501, 24-3-102 [repealed], 24-3-106 [repealed], 24-3-201 [repealed], 24-3-208 [repealed], 24-3-209 [repealed], 24-3-301 [repealed], 24-3-303 [repealed], 24-3-304 [repealed], 24-4-101, 24-4-106, 24-4-107, 24-4-301, 24-4-507, 24-4-508, 24-4-510, 24-4-511, 24-4-518 — 24-4-520, 24-4-601, 24-4-608, 24-4-618, 24-4-710 [repealed], 24-4-745 — 24-4-747, 24-4-801, 24-4-803, 24-5-112, 24-5-119, 24-5-125, 24-5-133, 24-5-204, 24-6-219, 24-6-403 — 24-6-406, 24-6-410, 24-6-411, 24-7-202, 24-7-209, 24-7-301, 24-7-406, 24-7-504 [repealed], 24-7-603, 24-7-604, 24-7-606, 24-7-607, 24-7-702, 24-7-705, 24-7-706, and 24-7-708, § 24-7-713(b), §§ 24-7-720, 24-7-727, 24-7-728, 24-7-729, 24-7-1314 [repealed], 24-7-1315, 24-7-1401 — 24-7-1409 [repealed], 24-8-223, 24-8-226 — 24-8-228, 24-8-701 — 24-8-714, 24-8-715 [repealed], 24-8-716, 24-8-717, 24-10-102, 24-10-303, 24-10-504 — 24-10-509, 24-10-602, 24-10-611, 24-10-613, 24-11-425, 24-11-434, 24-11-437, 24-11-438, 24-11-805, 24-11-818, and 24-11-833 shall be implemented if it would cause the publicly supported retirement system's unfunded actuarial accrued liabilities to exceed a thirty-year amortization.
(b) No benefit enhancement provided for by §§ 24-2-302, 24-2-306, 24-2-401, 24-2-402, 24-2-501, 24-3-102 [repealed], 24-3-106 [repealed], 24-3-201 [repealed], 24-3-208 [repealed], 24-3-209 [repealed], 24-3-301 [repealed], 24-3-303 [repealed], 24-3-304 [repealed], 24-4-101, 24-4-106, 24-4-107, 24-4-301, 24-4-507, 24-4-508, 24-4-510, 24-4-511, 24-4-518 — 24-4-520, 24-4-601, 24-4-608, 24-4-618, 24-4-710 [repealed], 24-4-745 — 24-4-747, 24-4-801, 24-4-803, 24-5-112, 24-5-119, 24-5-125, 24-5-133, 24-5-204, 24-6-219, 24-6-403 — 24-6-406, 24-6-410, 24-6-411, 24-7-202, 24-7-209, 24-7-301, 24-7-406, 24-7-504 [repealed], 24-7-603, 24-7-604, 24-7-606, 24-7-607, 24-7-702, 24-7-705, 24-7-706, and 24-7-708, § 24-7-713(b), §§ 24-7-720, 24-7-727, 24-7-728, 24-7-729, 24-7-1314 [repealed], 24-7-1315, 24-7-1401 — 24-7-1409 [repealed], 24-8-223, 24-8-226 — 24-8-228, 24-8-701 — 24-8-714, 24-8-715 [repealed], 24-8-716, 24-8-717, 24-10-102, 24-10-303, 24-10-504 — 24-10-509, 24-10-602, 24-10-611, 24-10-613, 24-11-425, 24-11-434, 24-11-437, 24-11-438, 24-11-805, 24-11-818, and 24-11-833 shall be implemented by any publicly supported system which has unfunded actuarial accrued liabilities being amortized over a period exceeding thirty (30) years until the unfunded actuarial accrued liability is reduced to a level less than the standards prescribed by Title 24 of this Code.

Structure Arkansas Code