Definitions.
Ark. Code Ann. § 24-7-1602
in effectAs used in this subchapter:
(1) “Benefits-eligible” means a class of employees, determined at the discretion of a post-secondary or higher education employer, eligible to participate in the Arkansas Teacher Retirement System, an alternate retirement plan, or the Arkansas Public Employees' Retirement System;
(3) “Nonmandatory employer” means any public employer that was authorized to enroll new employees into the Arkansas Teacher Retirement System or alternate retirement plan before July 1, 2011;
(4) “PSHE employer” means a post-secondary or higher education employer:
(A) With employees that may be hired without becoming mandatory members of the Arkansas Teacher Retirement System; and
(B) That offers the Arkansas Teacher Retirement System as a retirement plan on or after July 1, 2011; and
(5) “PSHE plan” means the plan establishing the right of a new employee of a PSHE employer to participate in the Arkansas Teacher Retirement System on or after July 1, 2011.
Source: Arkansas General Assembly, Acts of 2021-2026 (arkleg.state.ar.us)URL: https://arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2021R%2FPublic%2F&file=427.pdf&ddBienniumSession=2021%2F2021RFetched: 11/8/2026