Arkansas Code Title 24. Retirement and Pensions § 24-5-117. Benefits--Withdrawal from service

(a)(1) In the case of withdrawal from service within less than one (1) year after having become a member of the Arkansas State Highway Employees' Retirement System, the Board of Trustees of the Arkansas State Highway Employees' Retirement System, upon request, shall pay to the member all of his or her accumulated contributions without interest.

(3) Payment to a member under the conditions set forth in this subsection shall be made as provided by the board.

(4) A member's interest in the Arkansas State Highway Employees' Retirement System shall be exempt from attachment and execution.

(b)(1) In the case of an employee's withdrawal from service after becoming a member of the system and when the employee's contribution has accumulated to a total of less than two hundred fifty dollars ($250), then the employee's accumulated contribution shall become forfeit to the Arkansas State Highway Employees' Retirement System Fund unless withdrawn by the former employee from the fund within the first three (3) years following the employee's termination of service with the Arkansas Department of Transportation, provided that such employee is not a member of a reciprocal system.

(2) In the event of forfeiture to the fund, the former employee shall have no further claim upon the Arkansas State Highway Employees' Retirement System.

(1) Is reemployed by a state employer;

(2) Has received a refund from the Arkansas State Highway Employees' Retirement System; and

(3) Seeks to reinstate time withdrawn.