State Codes and Statutes

Statutes > Arkansas > Title-24 > Chapter-6 > Subchapter-5 > 24-6-508

24-6-508. Death of participant.

If a participant in the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan dies during the period of participation in the plan, a lump-sum payment equal to the plan account balance of the participant shall be paid to the participant's designated beneficiary.

State Codes and Statutes

Statutes > Arkansas > Title-24 > Chapter-6 > Subchapter-5 > 24-6-508

24-6-508. Death of participant.

If a participant in the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan dies during the period of participation in the plan, a lump-sum payment equal to the plan account balance of the participant shall be paid to the participant's designated beneficiary.