On July 1, 1999, and thereafter, the monthly benefit payable to the retirants and the beneficiaries of retirants of the Arkansas Public Employees' Retirement System who retired before July 1, 1989, shall be increased by an amount equal to one percent (1%) of the benefit payable on June 1, 1999, for each year or portion of a year of retirement prior to July 1, 1989.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 4 - Arkansas Public Employees' Retirement System
§ 24-4-601. Straight life annuity generally
§ 24-4-602. Payment of annuity balance upon death of retirant or member
§ 24-4-603. Refund of contributions
§ 24-4-605. Proration of public employer share of annuity reserve
§ 24-4-607. Redetermination of benefits
§ 24-4-608. Payment of benefits upon death of member before retirement — Exception
§ 24-4-609. Effective date of benefits
§ 24-4-610. Increased benefits for persons retiring by June 1, 1985
§ 24-4-611. Minimum monthly benefit
§ 24-4-612. Increase in benefits
§ 24-4-613. Benefits for contributory members
§ 24-4-614. Increase in monthly benefit amount — 1993
§ 24-4-615. Maximum benefit limitation
§ 24-4-616. Increase in monthly benefit amount — 1995
§ 24-4-617. Increase in monthly benefit amount — 1997
§ 24-4-618. Increased benefits for persons retired before July 1, 1999
§ 24-4-619. Increased benefits for persons retired before June 1, 1999
§ 24-4-620. Partial annuity withdrawal provision