(a) The state, as employer, shall make contributions to the Arkansas Judicial Retirement System of twelve percent (12%) of the active member payroll.
(b) The Chief Fiscal Officer of the State is authorized and directed to make annual transfers on each July 1 to the Judges Retirement Fund from the Constitutional Officers Fund and the State Central Services Fund in an amount determined by computing the dollar amount required based on the actuarially determined employer rate in the most recent annual actuarial valuation and subtracting from that amount the statutory contribution amount specified in subsection (a) of this section, and further, reduced by the amount of the court cost revenue transferred to the Judges Retirement Fund from the State Administration of Justice Fund in accordance with § 16-10-310.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 8 - Retirement Of Judges And Court Employees
Subchapter 2 - Arkansas Judicial Retirement System
§ 24-8-206. Annual actuarial valuation
§ 24-8-207. Membership generally — Prior service credit
§ 24-8-209. Contributions — Members — Refund
§ 24-8-210. Contributions — State
§ 24-8-211. Contributions — Cessation upon retirement
§ 24-8-212. Credited service — Transfer of service as municipal judge
§ 24-8-213. Credited service — Transfer of fourteen years' service as prosecuting attorney
§ 24-8-214. Credited service — Transfer of four years' service as prosecuting attorney
§ 24-8-215. Eligibility for benefits — Retirement generally
§ 24-8-216. Eligibility for benefits — Early retirement
§ 24-8-217. Eligibility for benefits — Disability retirement
§ 24-8-218. Retirement and survivors' benefits generally
§ 24-8-219. Rights of surviving unremarried spouses of certain judges
§ 24-8-220. Restrictions on benefits
§ 24-8-222. Credited service — Transfer of service as juvenile judge
§ 24-8-223. Redetermination of benefits
§ 24-8-224. Benefits when serving past mandatory retirement age
§ 24-8-225. Limitation on benefit enhancement — Acts 1997, No. 926