Arkansas Code
Subchapter 1 - General Provisions
§ 24-12-111. Moneys added to fund — Refunds

(a) There shall be added to the fund pension and relief fund for paid nonuniformed employees the following moneys:
(1) All moneys given or donated to the fund; and
(2) Not less than six percent (6%) of the monthly salary of each employee, to be deducted each month by the city or its proper agency and immediately paid to the board of trustees of the pension and relief fund for paid nonuniformed employees.

(b) Employers shall contribute to the fund not less than six percent (6%) of the employee's salary.
(c) Both the employees and employers shall contribute to the fund equal amounts of covered payroll.
(d)
(1) Upon leaving employment with the city, any employee shall be entitled to apply for and receive a refund of the aggregate amount withheld from his or her monthly salary during his or her period of employment with the city and paid into the pension and relief fund for paid nonuniformed employees of the city.
(2) Upon receiving a refund of the amounts deducted from his or her monthly salary from the pension and relief fund for paid nonuniformed employees of the city, the employee shall forfeit his or her credited service as a member of the pension and relief fund and shall not be eligible thereafter to receive any benefits under the provisions of this act for his or her service.

Structure Arkansas Code

Arkansas Code

Title 24 - Retirement And Pensions

Chapter 12 - Local Officers And Employees — Miscellaneous Provisions

Subchapter 1 - General Provisions

§ 24-12-101. Definitions

§ 24-12-102. Applicability

§ 24-12-103. Vote to effect act

§ 24-12-104. Tax levy to support fund

§ 24-12-105. Board of trustees

§ 24-12-106. List of retired employees

§ 24-12-107. Treasurer as custodian of fund

§ 24-12-108. Deposit of moneys

§ 24-12-109. Investment

§ 24-12-110. Payments

§ 24-12-111. Moneys added to fund — Refunds

§ 24-12-112. Proration upon insufficiency of fund

§ 24-12-113. Report on condition of fund

§ 24-12-114. Subjection of fund to legal process

§ 24-12-115. Benefits — Temporary total disability retirement — Voluntary retirement

§ 24-12-116. Benefits — Permanent total disability retirement

§ 24-12-117. Benefits — Death of employee

§ 24-12-118. Funeral expenses

§ 24-12-120. City attorneys in cities of the first class and cities of the second class

§ 24-12-121. City clerk — Clerk-treasurer

§ 24-12-122. Deputy city clerks

§ 24-12-123. Mayors of cities of the first class

§ 24-12-124. Mayors of cities of the second class

§ 24-12-125. Treasurers of cities of the first class

§ 24-12-126. Participation in Arkansas Public Employees' Retirement System by certain city or utility managers

§ 24-12-127. Recorder-treasurers and city treasurers of the second class

§ 24-12-128. County officials and employees

§ 24-12-129. Municipal officials and employees

§ 24-12-130. Limitation on benefits provided by Acts 1997, No. 1098

§ 24-12-131. Monthly benefit increase

§ 24-12-132. Health benefits for retired municipal employees and officials