24 CAR § 20-1106 – Effective dates | Midpage

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Code of Arkansas Rules

6

24 CAR § 20-1106

Effective dates

Arkansas Code § 24-11-203

(a) This asset valuation method will be used for all calculations made as of December 31, 1999, and later.
(b) The first actuarial valuation using this method will be the January 1, 2000, valuation.
(c) The DROP interest rate for 1999 based on December 31, 1999, assets will use this method.

Codification Notes: “DROP” means deferred retirement option plan.