Ark. Code Ann. § 19-5-916: Teacher Retirement Fund

(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the "Teacher Retirement Fund". (b) The fund shall consist of trust fund income as provided by law. (c) The fund shall be used for: (1) The operation, maintenance, and improvement of the Arkansas Teacher Retirement System; (2) Payment of retirement and disability benefits; (3) Making refunds; and (4) Investing surplus funds. Acts 1973, No. 750, § 8; A.S.A. 1947, § 13-531.

(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the "Teacher Retirement Fund".

(b) The fund shall consist of trust fund income as provided by law.

(c) The fund shall be used for: (1) The operation, maintenance, and improvement of the Arkansas Teacher Retirement System; (2) Payment of retirement and disability benefits; (3) Making refunds; and (4) Investing surplus funds.

(1) The operation, maintenance, and improvement of the Arkansas Teacher Retirement System;

(2) Payment of retirement and disability benefits;

(3) Making refunds; and

(4) Investing surplus funds.