Ark. Code Ann. § 24-7-407: Retirement fund assets accounts - Employer accumulation account

(a) The employer accumulation account is the account in which shall be accumulated the employer's contributions to the Arkansas Teacher Retirement System, and from which shall be made transfers as provided in this act.

(b) Upon the retirement of a member, the difference between his or her annuity reserve and his or her accumulated contributions standing to his or her credit in the members' deposit account at that time shall be transferred from the employer accumulation account to the retirement reserve account.

(c) Upon the death of a member, if survivor benefits become payable on account of his or her death, the difference between the reserve for the survivor benefits payable and the member's accumulated contributions standing to his or her credit in the members' deposit account at the time of his or her death shall be transferred from the employer accumulation account to the survivor benefit account.