(a) Each July 1 the Arkansas Judicial Retirement System shall redetermine the amount of each monthly benefit which has been payable by the system for at least twelve (12) full calendar months. The redetermined amount shall be payable for the following twelve (12) calendar months.
(b) The redetermined amount shall be the amount of benefit payable as of the immediately preceding July 1 increased by three percent (3%).
(c) This method of redetermination of the amount of the retirement benefits shall be applicable to any judge first elected after July 1, 1983.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 8 - Retirement Of Judges And Court Employees
Subchapter 2 - Arkansas Judicial Retirement System
§ 24-8-206. Annual actuarial valuation
§ 24-8-207. Membership generally — Prior service credit
§ 24-8-209. Contributions — Members — Refund
§ 24-8-210. Contributions — State
§ 24-8-211. Contributions — Cessation upon retirement
§ 24-8-212. Credited service — Transfer of service as municipal judge
§ 24-8-213. Credited service — Transfer of fourteen years' service as prosecuting attorney
§ 24-8-214. Credited service — Transfer of four years' service as prosecuting attorney
§ 24-8-215. Eligibility for benefits — Retirement generally
§ 24-8-216. Eligibility for benefits — Early retirement
§ 24-8-217. Eligibility for benefits — Disability retirement
§ 24-8-218. Retirement and survivors' benefits generally
§ 24-8-219. Rights of surviving unremarried spouses of certain judges
§ 24-8-220. Restrictions on benefits
§ 24-8-222. Credited service — Transfer of service as juvenile judge
§ 24-8-223. Redetermination of benefits
§ 24-8-224. Benefits when serving past mandatory retirement age
§ 24-8-225. Limitation on benefit enhancement — Acts 1997, No. 926