(a) The Teacher Deferred Retirement Option Plan is intended to operate in accordance with 26 U.S.C. § 415 and other applicable sections of the Internal Revenue Code in a manner that protects the tax-qualified status of the system.
(b) Any provision of the plan that is found to be in conflict with an applicable provision of the Internal Revenue Code is hereby declared null and void.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 7 - Retirement of Employees of Schools and Educational Institutions
Subchapter 13 - Teacher Deferred Retirement Option Plan
§ 24-7-1301. Election to participate — Conditions
§ 24-7-1302. Application — Review
§ 24-7-1303. Contributions to Arkansas Teacher Retirement System
§ 24-7-1304. Election of annuity options
§ 24-7-1306. Amount of deposits
§ 24-7-1309. Benefits from Arkansas Teacher Retirement System
§ 24-7-1310. Death of participant
§ 24-7-1311. Term of participation in Teacher Deferred Retirement Option Plan
§ 24-7-1313. Limitation on benefit enhancement — Acts 1997, No. 953
§ 24-7-1315. Duty of board of trustees
§ 24-7-1316. Funding objectives of Teacher Deferred Retirement Option Plan — Cost neutrality