Arkansas Administrative Code
Agency 088 - Arkansas Teacher Retirement System
Rule 088.00.17-005 - Rule 9-9: Retirement Application

Universal Citation: AR Admin Rules 088.00.17-005

Current through Register Vol. 49, No. 9, September, 2024

RULE 9-9 RETIREMENT APPLICATION

I. A copy the ATRS retirement application can be downloaded from the ATRS website or requested from ATRS.

II. In order for a retirement application to be timely filed, there is a three (3) month "window" to apply for retirement benefits.

For active members currently employed, the window for filing your retirement application is:

A. No soonerthan four (4) months prior to your Effective Retirement Date; and,

B. No later than one (1) month before your Effective Retirement Date.

III.
A. The member's Effective Retirement Date for purposes of ATRS retirement benefits is the 1st day of the month in which the member requests to receive retirement benefits and for which the member has submitted a timely retirement application.

B. For an inactive, vested, immediately eligible-to-retire member, retirement benefits are payable the month after the retirement application is received.

IV.
A. If a retirement application is received by ATRS before the three (3) month window begins for the member's anticipated Effective Retirement Date, the application is not timely filed, and ATRS will reject the application and notify the member of the dates that their retirement application can be filed timely and the procedure to do so.

B. If a retirement application is received after the three (3) month window ends for the member's anticipated Effective Retirement Date, the retirement application is not timely filed and the member will receive a new Effective Retirement Date beginning on the 1st day of the next month.

V. This Rule does not apply to an application for disability retirement or survivor benefits.

The following table shows examples of the "windows" for filing a retirement application:

EXAMPLE OF RETIREMENT FILING DATES

Effective Date of Retirement

Retirement Application Must be Filed In:

Last Date of Employment

First Retirement Check

January 1

September, October or November

December 31

End of January

February 1

October, November or December

January 31

End of February

March 1

November, December or January

Feb 28/29 (Leap year)

End of March

April 1

December, January or February

March 31

End of April

May 1

January, February or March

April 30

End of May

June 1

February, March or April

May 31

End of June

July1

March, April or May

June 30

End of July

August 1

April, May or June

July 31

End of August

September 1

May, June or July

August 31

End of September

October 1

June, July or August

September 30

End of October

November 1

July, August or September

October 31

End of November

December 1

August, September or October

November 30

End of December

The following table is the only "window" for filing a T-DROP application:

Effective Date of Retirement

Retirement Application Must be Filed In:

July1

March, April or May

HISTORY

Board Approval February 5, 2018

Effective

Disclaimer: These regulations may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.