Statutes > Arkansas Statutes > Title 24 - Retirement And Pensions > Chapter 7 - Retirement of Employees of Schools and Educational Institutions > Subchapter 7 - Arkansas Teacher Retirement System -- Benefits > § 24-7-732 - System termination or discontinuance.

§ 24-7-732 - System termination or discontinuance.

24-7-732. System termination or discontinuance.

Notwithstanding the provisions of this subchapter, members' accrued benefits under the Arkansas Teacher Retirement System shall be one hundred percent (100%) vested, to the extent those benefits are then funded, in the event there is a partial or complete termination of the system or in the event of a complete discontinuance of employer contributions to the system.