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§ 24-10-606. Early retirement

(a) An active member in covered employment who has not attained his or her normal retirement age may retire with an early annuity as provided in this section upon his or her proper application to the Board of Trustees of the Arkansas Local Police and Fire Retirement System setting forth at what time, not less […]

§ 24-10-502. Military service

(a) In the event a member who while an employee enters the United States Armed Forces during any period of compulsory or voluntary military service, the armed service actually served by him or her shall be credited him or her as service under this subchapter. (b) (1) In any case of doubt as to the […]

§ 24-10-607. Disability retirement — Definition

(a) (1) (A) (i) An active member with five (5) years of credited service, including credited service for seventy-five percent (75%) of the two (2) years immediately preceding his or her disability, who while an active member becomes totally and permanently physically or mentally incapacitated for any suitable duty as an employee as a result […]

§ 24-10-503. Disability

(a) In the event a member in covered employment becomes totally physically or mentally incapacitated for his or her duty as an employee as the natural and proximate result of a personal injury or disease which has arisen out of and in the course of his or her actual performance of duty as an employee, […]

§ 24-10-608. Death of member in paid service

(a) (1) If an active member with five (5) or more years of credited paid service, including credited service for the year immediately preceding his or her death, dies in employer-paid service before retirement, the applicable benefits provided in this subsection and subsections (c)-(e) of this section shall be paid, subject to § 24-10-610. (2) […]

§ 24-10-504. Forfeiture and restoration. [Effective until January 1, 2020.]

(a) (1) When a member is no longer employed by any employer in covered employment, he or she shall cease to be a member of the Arkansas Local Police and Fire Retirement System. (2) Except as otherwise provided in this chapter, upon termination of his or her membership his or her credited service shall be […]

§ 24-10-504. Forfeiture and restoration. [Effective January 1, 2020.]

(a) (1) When a member is no longer employed by any employer in covered employment, he or she shall cease to be a member of the Arkansas Local Police and Fire Retirement System. (2) Except as otherwise provided in this chapter, upon termination of his or her membership his or her credited service shall be […]

§ 24-10-505. Public service with other Arkansas systems

(a) For the purpose of this section, “related system” means any of four (4) retirement systems: (1) The Arkansas Local Police and Fire Retirement System; (2) The Arkansas Public Employees’ Retirement System; (3) The State Police Retirement System; or (4) The Arkansas Teacher Retirement System. (b) The benefit payable by each related system shall be […]

§ 24-10-506. Other local police and fire service

(a) An active member of the Arkansas Local Police and Fire Retirement System shall be entitled to purchase credited service in the system equivalent to a period not to exceed fifteen (15) years if the member: (1) (A) Has at least five (5) years of actual service with the system. (B) A member hired on […]

§ 24-10-507. Reciprocal system

(a) The Arkansas Local Police and Fire Retirement System is a reciprocal system under the provisions of §§ 24-2-401 — 24-2-405. (b) In establishing eligibility for a benefit from the Arkansas Local Police and Fire Retirement System, the credited service under all reciprocal systems shall be totaled and the total credited service shall be used […]