If at any time there should not be sufficient money in the pension and relief fund for paid nonuniformed employees to pay each person a full amount to which he or she may be entitled, the beneficiaries shall be paid by prorating the fund available among them in accordance with the respective benefits being received by them under this act.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 12 - Local Officers And Employees — Miscellaneous Provisions
Subchapter 1 - General Provisions
§ 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
§ 24-12-111. 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
§ 24-12-120. 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
§ 24-12-127. 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