24 CAR § 10-1304 – CASH Program — Offering period

(a) The Board of Trustees of the Arkansas Trustee Retirement System shall set the dates for any CASH Program offering period.
(b)
1. (1) After the board sets a specific CASH Program offering period, only members who submit an election to participate in the CASH Program to the Arkansas Teacher Retirement System shall qualify to receive a CASH Program payment that is available during the CASH Program offering period set by the board.
2. (2) However, a member shall not qualify to receive a CASH Program payment that is available during a CASH Program offering period set by the board if the member submits his or her election to participate in the CASH Program after the CASH Program offering period deadline.
(c) The board by resolution may re-offer a previously expired CASH Program or may extend the duration of a current CASH Program offering period.

Codification Notes: “CASH” means cash and savings help.