24 CAR § 10-314. Contributory election

(a)(1) A person's initial status as a contributory or noncontributory member of the Arkansas Teacher Retirement System shall be determined by the law in effect at the time the person became a member of the system. (2) All service rendered before July 1, 1986, is contributory service. (b)(1) A member's contributory status is irrevocable once the member becomes a contributory member of the system. (2) A contributory member shall not elect to become a noncontributory member. (c) A contributory election is valid if the contributory election is: (1) Made on an election form provided by the system; and (2) Signed by both the member and the covered employer. (d)(1) If a member makes a contributory election before the preparation of his or her first salary payment in the fiscal year, the contributory election is effective immediately. (2) If a member makes a contributory election after the preparation of his or her first salary payment in the fiscal year, the contributory election is effective July 1 of the next fiscal year.