Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Subchapter 1 - General Provisions
§ 24-10-101. Purpose - The purpose of this chapter, which creates and establishes the...
§ 24-10-102. Definitions - As used in this chapter: (1) (A) “Accumulated contributions” means...
§ 24-10-103. Tax exemption - (a) The benefits payable by, and the assets of, the...
§ 24-10-104. Correction of errors - (a) Should any change or error in records result in...
§ 24-10-105. Penalty - Any person who knowingly makes any false statement or who...
§ 24-10-106. Limitation on benefit enhancement of Acts 1997, No. 769 - No benefit enhancement provided for by § 24-10-102(21) shall be...
§ 24-10-107. Direct deposit of insurance premium tax money in system - (a) The Arkansas Fire and Police Pension Review Board and...
Subchapter 2 - Board of Trustees
§ 24-10-201. Members and terms - (a) The general administration and the responsibility for the proper...
§ 24-10-202. Vacancies - (a) In the event any member trustee ceases to be...
§ 24-10-203. Proceedings - (a) (1) (A) Each trustee shall be entitled to one...
§ 24-10-204. Employees - (a) (1) The Board of Trustees of the Arkansas Local...
§ 24-10-205. Records and reports - (a) (1) After receiving the advice of its actuary, the...
§ 24-10-206. Federal taxation - (a) The Plan Administrator of the Arkansas Local Police and...
Subchapter 3 - Membership
§ 24-10-301. Generally - (a) The membership of the Arkansas Local Police and Fire...
§ 24-10-302. Coverage by employer - (a) Each political subdivision without a relief fund in effect...
§ 24-10-303. Rules governing participation - The Board of Trustees of the Arkansas Local Police and...
§ 24-10-304. Transfer of municipal police department officers from Arkansas Public Employees' Retirement System - (a) Any municipal police department whose employees were covered by...
Subchapter 4 - Funds — Contributions — Management of Assets
§ 24-10-401. Financial objectives and actuarial valuations - (a) (1) The general financial objective of the Arkansas Local...
§ 24-10-402. Investments — Definition - (a) (1) The Board of Trustees of the Arkansas Local...
§ 24-10-403. Asset accounts - All the assets of the Arkansas Local Police and Fire...
§ 24-10-404. Members' deposit account — Contributions - (a) The members' deposit account, as created by § 24-10-403,...
§ 24-10-405. Employer accumulation account — Contributions - (a) The employer accumulation account as created by this section...
§ 24-10-406. Retirement reserve account - The retirement reserve account, as created by this section, shall...
§ 24-10-407. Income-expense account - (a) The income-expense account, as created by this section, shall...
§ 24-10-408. State contributions — System administrative expenses - (a) Subject to the provisions of this chapter, the state...
§ 24-10-409. Proration of state revenues between political subdivision and its relief fund - (a) For each political subdivision with a relief fund in...
§ 24-10-410. Delinquent payments - (a) If any political subdivision fails to make any payment...
Subchapter 5 - Credited Service
§ 24-10-501. Paid and volunteer service - (a) (1) The Board of Trustees of the Arkansas Local...
§ 24-10-502. Military service - (a) In the event a member who while an employee...
§ 24-10-503. Disability - (a) In the event a member in covered employment becomes...
§ 24-10-504. Forfeiture and restoration. [Effective until January 1, 2020.] - (a) (1) When a member is no longer employed by...
§ 24-10-504. Forfeiture and restoration. [Effective January 1, 2020.] - (a) (1) When a member is no longer employed by...
§ 24-10-505. Public service with other Arkansas systems - (a) For the purpose of this section, “related system” means...
§ 24-10-506. Other local police and fire service - (a) An active member of the Arkansas Local Police and...
§ 24-10-507. Reciprocal system - (a) The Arkansas Local Police and Fire Retirement System is...
§ 24-10-508. Service credit - (a) An active member of the Arkansas Local Police and...
§ 24-10-509. Service credit not years of service - Service credit granted under § 24-10-508 shall not be considered...
§ 24-10-510. Service credit for former military personnel - (a) An active member of the Arkansas Local Police and...
Subchapter 6 - Benefits
§ 24-10-601. Generally - No benefit shall be paid by the Arkansas Local Police...
§ 24-10-602. Annuity generally - (a) Upon a member's retirement, he or she shall receive...
§ 24-10-603. Annuity options - (a) Before the date the first payment of a member's...
§ 24-10-604. Voluntary retirement - (a) (1) A member in covered employment may retire with...
§ 24-10-605. Compulsory retirement - (a) A member's employer shall determine the compulsory separation age...
§ 24-10-606. Early retirement - (a) An active member in covered employment who has not...
§ 24-10-607. Disability retirement — Definition - (a) (1) (A) (i) An active member with five (5)...
§ 24-10-608. Death of member in paid service - (a) (1) If an active member with five (5) or...
§ 24-10-609. Death of member in volunteer service - (a) (1) If an active member who has accrued five...
§ 24-10-610. Limitations on death and disability annuities - If a death annuity is payable on behalf of a...
§ 24-10-611. Termination of covered employment - (a) A member who terminates covered employment before attaining his...
§ 24-10-612. Redetermination of benefits - (a) Beginning with the July 1 that is at least...
§ 24-10-613. Disposition of accumulated contributions - (a) (1) On or after July 1, 2013, if a...
§ 24-10-614. Payment of reserve value - (a) The plan may pay the reserve value of any...
§ 24-10-615. Suspension of payments upon request - (a) Notwithstanding any other provision of a plan, a person...
§ 24-10-616. Subjection of benefit rights to legal process - The right of a person to an annuity, the return...
§ 24-10-617. Survivor health benefits - (a) When a municipal employee who is vested in a...
§ 24-10-618. Limitation on benefits granted by Acts 1997, No. 765 - No benefit enhancement provided for by § 24-10-610 shall be...
§ 24-10-619. Limitation on benefits granted by Acts 1997, No. 1136 - No benefit enhancement provided for by §§ 24-10-604, 24-10-605, and...
§ 24-10-620. Limitations on benefits - (a) (1) Notwithstanding any language to the contrary under this...
Subchapter 7 - Local Police and Fire Deferred Retirement Option Plan
§ 24-10-701. Election to participate - (a) In lieu of terminating employment and accepting a voluntary...
§ 24-10-702. Credited service - (a) For purposes of this subchapter, “credited service”: (1) Includes...
§ 24-10-703. Contributions - (a) If a member begins participation in the Local Police...
§ 24-10-704. Benefits — Rate of return - (a) The member's monthly retirement benefit shall not change unless...
§ 24-10-705. Method of payment - At the option of the participant, the participant in the...
§ 24-10-706. Duration - (a) The duration of participation in the Local Police and...
§ 24-10-707. Death of participant - (a) If the participant dies during the period of participation...
§ 24-10-708. Disability of participant - If the participant becomes disabled during the period of participation...
§ 24-10-709. Partial-annuity-and-lump-sum option - (a) If a member does not terminate employment and retire...