Arkansas Code
Subchapter 7 - Provisions Applicable to Particular Employees
§ 24-4-749. Purchase of out-of-state governmental service

(a) A member who has performed service other than military service as an employee of a state or local governmental entity in the United States other than in the State of Arkansas or the federal government may receive credited service for the out-of-state governmental employment if:
(1) The member has at least five (5) years of credited service at the time of application;
(2) The number of years of out-of-state governmental employment applied for does not exceed five (5) years;
(3) At the time of application the member furnishes evidence of the out-of-state service that is acceptable to the Arkansas Public Employees' Retirement System; and
(4) The member pays to the member's deposit fund an amount equal to the actuarial present value of the credited service applied for under this section based upon assumptions recommended by the actuary.

(b) A member may not receive the credited service provided for in this section if the service is also used for the purpose of establishing entitlement to, or the amount of, any other benefit to be paid by any federal, state, or local government entity except a benefit under the Social Security Act, 42 U.S.C. § 301 et seq.
(c) The service credit provided for in this section is subject to any applicable limits under the Internal Revenue Code, 26 U.S.C. § 1 et seq.