(a)
(1) A member in covered employment may retire with an annuity provided for in § 24-10-602 upon his or her written application to the Board of Trustees of the Arkansas Local Police and Fire Retirement System setting forth at what time, at least thirty (30) days but not more than ninety (90) days subsequent to the execution and filing of his or her application, he or she desires to be retired, but only if, at the time of his or her separation from employment and at the time so specified for his or her retirement, the member shall have attained his or her normal retirement age and have five (5) years of credited service in force.
(2) A member hired on or after July 1, 2013, shall accrue ten (10) years of actual service in order to be eligible under this section.
(b) He or she shall have the right to elect an option provided for in § 24-10-603.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 10 - Arkansas Local Police And Fire Retirement System
§ 24-10-602. Annuity generally
§ 24-10-604. Voluntary retirement
§ 24-10-605. Compulsory retirement
§ 24-10-607. Disability retirement — Definition
§ 24-10-608. Death of member in paid service
§ 24-10-609. Death of member in volunteer service
§ 24-10-610. Limitations on death and disability annuities
§ 24-10-611. Termination of covered employment
§ 24-10-612. Redetermination of benefits
§ 24-10-613. Disposition of accumulated contributions
§ 24-10-614. Payment of reserve value
§ 24-10-615. Suspension of payments upon request
§ 24-10-616. Subjection of benefit rights to legal process
§ 24-10-617. Survivor health benefits
§ 24-10-618. Limitation on benefits granted by Acts 1997, No. 765
§ 24-10-619. Limitation on benefits granted by Acts 1997, No. 1136