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§ 24-5-131. Limitation on benefit enhancement of Acts 1997, No. 1089

AR Code § 24-5-131 (2018) (N/A)
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No benefit enhancement provided for by § 24-5-116 shall be implemented if it would cause the publicly supported retirement system's unfunded actuarial accrued liabilities to exceed a thirty-year amortization. No benefit enhancement provided for by § 24-5-116 shall be implemented by any publicly supported system which has unfunded actuarial accrued liabilities being amortized over a period exceeding thirty (30) years until the unfunded actuarial accrued liability is reduced to a level less than the standards prescribed by § 24-1-101 et seq.

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§ 24-5-130. Increase in monthly retirement benefit -- Acts 1997, No. 386
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§ 24-5-132. Limitation on benefit enhancement of Acts 1997, No. 1067