Method of collection

  1. Law
  2. Arkansas Code
  3. Retirement And Pensions
  4. State Police Retirement
  5. Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan
  6. Method of collection

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A participant in the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan shall receive, at the option of the participant:

  1. (1) A lump-sum payment from the plan account equal to the payments to the plan account;

  2. (2) A true annuity based upon the plan account of the participant; or

  3. (3) Any other method of payment if approved by the Board of Trustees of the State Police Retirement System.


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