A member who terminates contributory service may request a refund of the contributions he or she has made to the system provided that the member accrued contributory service before January 1, 1978 or after July 1, 2005. The refundable balance is composed of the member's contributions plus any interest earned on those funds. The employer's contributions are not refundable. By accepting the refund, the member forfeits any contributory service associated with it. A cashed refund check cancels any future benefit based on contributory service. Members may elect to receive their refund as follows:

  • As a rollover to an independent tax-deferred retirement account (e.g. an IRA); or
  • As a lump-sum payout of taxable income with 20% federal witholding deducted by APERS.

The downloadable Termination Refund Packet can be found on the Member Portal or by contact APERS.

Arkansas public employees retirement system

Here you will find information based on your role in our system, whether you are an active member, near retirement, a retired member or an APERS particpating employer.