(a) On July 1, 1991, the monthly retirement benefit payable to retirants and beneficiaries of the State Police Retirement System who retired June 1, 1991, or before, shall be increased by four percent (4%) of the benefit payable on June 1, 1991.
(b) The increase in benefits provided in subsection (a) of this section shall be added to the monthly benefit after the annual postretirement increase based on the consumer price index has been applied, and the increase in subsection (a) of this section shall be added to the base annuity of the retirant or beneficiary.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 6 - State Police Retirement
Subchapter 2 - State Police Retirement System
§ 24-6-205. Correction of errors
§ 24-6-206. State Police Retirement Fund — Accounts
§ 24-6-208. Members' contributions
§ 24-6-209. Employer's contribution
§ 24-6-211. Eligibility for benefits — Mandatory retirement
§ 24-6-212. Eligibility for benefits — Voluntary retirement for contributory members
§ 24-6-213. Eligibility for benefits — Disability retirement
§ 24-6-214. Benefits generally — Contributory member
§ 24-6-215. Benefits — Death of retirant
§ 24-6-216. Benefits — Survivor's pension upon death of retirant
§ 24-6-217. Benefits — Survivor's pension upon death of member
§ 24-6-219. Benefits — Redetermination of benefits
§ 24-6-220. Benefits — Increased benefits generally
§ 24-6-221. Benefits — Increased benefits for persons retiring by June 1, 1982, or by July 1, 1982
§ 24-6-222. Refund of contributions
§ 24-6-223. Interest in fund not transferable or subject to legal process
§ 24-6-224. Increase in benefits
§ 24-6-225. Applicability of benefit provisions
§ 24-6-226. Eligibility for benefits — Voluntary retirement for Tier I noncontributory members
§ 24-6-227. Benefits generally — Tier I noncontributory member