Public Notice: Proposed Effective Date of Final Rules

The following final rules of the Arkansas Teacher Retirement System (ATRS) have a proposed effective repeal and amendment date of July 11, 2024:

Rules to be repealed:

• Rule 5-2: Standard of Care

The following final rules of the Arkansas Teacher Retirement System (ATRS) have a proposed effective repeal and amendment date of July 7, 2024:

Rules to be repealed:

• Rule 5-1: Investment Introduction
• Rule 5-3: Asset Allocation
• Rule 5-4: Investment Goals
• Rule 5-6: Investment Consultants
• Rule 5-7: Investment Managers
• Rule 5-8: Soft Dollars
• Rule 17-1: Manifest Injustice

Rules to be amended:

• Rule 0-1: ATRS Rules of Organization and Operation
• Rule 4: Election of Board of Trustees
• Rule 6: Membership and Employer Participation
• Rule 7: Service Credit, Contributions, Reporting, and Final Average Salary
• Rule 8: Free Service Credit, Purchasable Service Credit, and Purchase Accounts
• Rule 9: Retirement and Benefits
• Rule 10: Return to Service and Teacher Deferred Retirement Option Plan
• Rule 11: Survivors and Domestic Relations Orders
• Rule 12-1: Protection of “Qualified Trust” Status of ATRS Under IRS Code § 401(a)
• Rule 13-1: Administration Adjudications: Staff Determinations and Appeals
• Rule 14-1: Retirement Fund Asset Accounts
• Rule 15-1: Benefit Restoration Plan and Trust
• Rule 16: Cash and Savings Help (CASH) Program

In addition to the final rules, the public comments on the proposed rules, ATRS’ responses to the public comments, post-public comment amendments to the proposed rules, summaries of the proposed rules, and financial impact statements may be accessed on the ATRS website at https://www.artrs.gov/board-rules, or copies may be obtained by contacting the Executive Director’s office at (501) 588-4367. The current rules may also be viewed at https://www.artrs.gov/board-rules or at the ATRS office Monday through Friday from 8:00 a.m. to 4:30 p.m.