Ark. Code Ann. § 24-7-732: System termination or discontinuance - Vesting

Notwithstanding the provisions of this subchapter, members' accrued benefits under the Arkansas Teacher Retirement System shall be one hundred percent (100%) vested:

(1) To the extent those benefits are then funded, in the event there is a partial or complete termination of the system or in the event of a complete discontinuance of employer contributions to the system; and

(2) Upon a member's attaining normal retirement age.