(a) Any employee of the Arkansas State Highway and Transportation Department or the Arkansas Department of Transportation, as defined in § 24-5-101(7), shall become a member of the Arkansas State Highway Employees' Retirement System in the manner and under the conditions provided in this chapter.
(b) Membership in the system may be terminated by retirement, disability, superannuation, or death, or by withdrawal, either voluntary or involuntary, from active service in the department.
(c) Any member with not less than five (5) years of creditable service whose employment with the department is terminated for any reason may leave his or her contributions in the Arkansas State Highway Employees' Retirement System Fund and thereafter be entitled to retirement benefits as otherwise provided in this chapter.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 5 - Arkansas State Highway Employees' Retirement
Subchapter 1 - General Provisions
§ 24-5-103. Establishment of system
§ 24-5-105. Cost of administration — Payment of benefits and adjustment of errors
§ 24-5-106. Establishment of retirement fund
§ 24-5-108. Members' contributions
§ 24-5-109. Employer's contribution
§ 24-5-110. Credit for prior and current service in department
§ 24-5-112. Eligibility for benefits — Voluntary retirement
§ 24-5-113. Eligibility for benefits — Disability retirement — Definition
§ 24-5-114. Eligibility for benefits — Early retirement
§ 24-5-115. Benefits generally
§ 24-5-116. Benefits — Death of member or retirant
§ 24-5-117. Benefits — Withdrawal from service
§ 24-5-118. Benefits — Annuity options
§ 24-5-119. Redetermination of benefits
§ 24-5-120. Increase in monthly retirement benefit — Schedule
§ 24-5-122. Early retirement incentives
§ 24-5-123. Credit for military service
§ 24-5-124. Minimum monthly benefit
§ 24-5-125. Eligibility to receive increase in benefits
§ 24-5-126. Increase in benefits
§ 24-5-127. Creditable service
§ 24-5-128. Increase in monthly retirement benefit — 1993
§ 24-5-129. Increase in monthly retirement benefit — Acts 1997, No. 349
§ 24-5-130. Increase in monthly retirement benefit — Acts 1997, No. 386
§ 24-5-131. Limitation on benefit enhancement of Acts 1997, No. 1089
§ 24-5-132. Limitation on benefit enhancement of Acts 1997, No. 1067
§ 24-5-133. Early participation
§ 24-5-134. Death benefit enhancement
§ 24-5-135. Annuity benefit enhancement
§ 24-5-136. Operation of system as qualified trust
§ 24-5-137. Compliance with Internal Revenue Code section 415