§ 24-7-901 - Definitions.

24-7-901. Definitions.

As used in this subchapter, unless the context otherwise requires:

(1) "Alternate retirement plan" means a retirement plan based on the purchase of contracts providing retirement and death benefits for the instructors and administrative staff of the technical institutes or postsecondary vocational-technical schools of the State of Arkansas and the staff of the Department of Workforce Education and which has been approved by the board;

(2) "Board" means the State Board of Workforce Education and Career Opportunities;

(3) "Department" means the Department of Workforce Education;

(4) "Director" means the Director of the Department of Workforce Education;

(5) "Retirement system" means the Arkansas Teacher Retirement System;

(6) "School" means any technical institute or postsecondary vocational-technical school established pursuant to 6-51-202 for the vocational training of students;

(7) "Staff members" means both instructors and administrative staff of a technical institute or postsecondary vocational-technical school and the staff of the Department of Workforce Education who are eligible for membership in the retirement system; and

(8) "State" means the State of Arkansas.