Notice of Rulemaking

Please take notice that the Board of Trustees of the Arkansas Public Employees’ Retirement System, 124 West Capitol Avenue, Suite 400, Little Rock, AR 72201 has adopted 24 CAR § 1-213. DROP Provisions, which revises the former Rule 214 DROP Provisions.  The newly adopted 24 CAR 1-213 APERS DROP Provisions complies with Act 518 of 2021, which increased the number of years for an active member’s participation in the Deferred Retirement Option Plan (DROP) from seven (7) years to ten (10) years, and is consistent with the Bureau of Legislative Research code style.

 Click here to view the newly adopted 24 CAR § 1-213. DROP Provisions.