The Board of Trustees of the Arkansas Public Employees' Retirement System shall have the authority to promulgate such rules as are necessary to provide for the participation of employers defined as public rehabilitative services corporations or other local units of government under the provisions of § 4-34-101 and such local units of government as are provided for under this Code. Provided, however, the board shall not admit or retain any employer whose participation in the Arkansas Public Employees' Retirement System would jeopardize the tax-qualified status of the plan under the Internal Revenue Code, 26 U.S.C. § 1 et seq., or that would subject the plan to additional federal requirements, or to any other consequence that the board would determine to be detrimental to the system.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 4 - Arkansas Public Employees' Retirement System
Subchapter 7 - Provisions Applicable to Particular Employees
§ 24-4-723. Members joining at same time as employer — Current service credit
§ 24-4-724. Members joining after employer — Current service credit
§ 24-4-727. War Memorial Stadium Commission employees
§ 24-4-729. Conservation district employees
§ 24-4-732. Certain employees of state agencies — Early retirement incentives
§ 24-4-733. Certain county employees — Early retirement incentives
§ 24-4-737. Certain city attorneys — Credited service
§ 24-4-739. Municipal employees
§ 24-4-742. Credit for service with various local units of government
§ 24-4-743. Intergovernmental Juvenile Detention Council employees
§ 24-4-744. Elected county official
§ 24-4-745. General Assembly employees
§ 24-4-746. Authority to promulgate rules
§ 24-4-747. Erroneous membership of certain employees
§ 24-4-748. Dual full-time employment
§ 24-4-749. Purchase of out-of-state governmental service