(a) Any member of the Tier Two Actual Judicial Service Benefit Plan for the Arkansas Judicial Retirement System who has eight (8) years or more of actual service in the system may elect to retire and receive retirement benefits at any time after reaching age sixty-two (62) and before reaching age sixty-five (65).
(b) The retirement benefits of a member electing to retire before age sixty-five (65) with less than twenty (20) years of actual service shall be reduced six percent (6%) for each full year and proportionately for any part of a year that the judge or justice retires before reaching age sixty-five (65).
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 8 - Retirement Of Judges And Court Employees
Subchapter 7 - Tier Two Actual Judicial Service Benefit Plan
§ 24-8-701. Legislative history, findings, and intent
§ 24-8-703. Creation of Tier Two Actual Judicial Service Benefit Plan
§ 24-8-704. Membership generally
§ 24-8-705. Members electing coverage
§ 24-8-706. Contributions — Members — Refund
§ 24-8-707. Contributions — State
§ 24-8-708. Contributions — Cessation upon maximum benefit eligibility
§ 24-8-709. Actual service requirement
§ 24-8-710. Eligibility for benefits — Retirement generally
§ 24-8-711. Eligibility for benefits — Early retirement
§ 24-8-712. Eligibility for benefits — Disability retirement
§ 24-8-713. Retirement and survivors' benefits generally
§ 24-8-714. Restrictions on benefits