The Board of Trustees of the Arkansas Judicial Retirement System approved Repayment of Refund Policy as follows:

1. (1) An active judge may receive credit for a previous period of service by repaying the contributions refunded to him or her, plus six percent (6%) interest compounded annually from the date he or she received the refund to the date of repayment to the Arkansas Judicial Retirement System; and
2. (2) The staff will notify the judge of this policy at the time he or she requests a refund.

Codification Notes: This part as promulgated prior to codification into the Code of Arkansas Rules provided as follows: “RULE 9 – October 11, 1990 – REFUND REPAYMENT”.