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NOTE: APERS will not be available to new employees starting 7-1-2016. Current employee participants will be grandfathered in and will remain in this plan.
Because UAMS is a state supported institution, you have the option to select the Arkansas Public Employees Retirement System, APERS, instead of the UARP. This is a one-time, irrevocable choice you can make only during your first 30 days of employment.
APERS is a “defined benefit plan.” Retirement income is a specific, calculated amount based on your years of state government service and salary during employment. UAMS contributes an amount to the plan as determined by state legislation. If you join APERS on or after July 2005, you are required to contribute 5% from each paycheck.