(a) A member's employer shall determine the compulsory separation age for its employees.
(b) Upon his or her separation from his or her last covered employment, a member with five (5) or more years of credited service in force who has attained his or her normal retirement age shall receive an annuity provided for in § 24-10-602 and shall have the right to elect an option provided for in § 24-10-603.
(c) A member hired on or after July 1, 2013, shall accrue ten (10) years of actual credited service in order to be eligible under this section.
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