In accordance with the provisions of Arkansas Code § 24-2-701, the Board of Trustees of the Arkansas Public Employees’ Retirement System will establish the employer contribution rate for both the state and local divisions to take effect on July 1 of each year.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: "103 – 1997 (5) – Employer Contribution Rates (as amended October 2017)"