§ 24-11-423. Benefits — Disability retirement
(a) (1) (A) If any member of a police department becomes physically or mentally permanently disabled and this fact is certified by a physician named by the local board of trustees, he or she shall be entitled to retire and receive a pension as provided herein. A member of the police department shall not be […]
§ 24-11-804. Administration of small funds by Arkansas Local Police and Fire Retirement System
(a) (1) In those local firemen’s relief and pension funds that cover fewer than five (5) members, a local board of trustees may no longer exist, and the fund shall be designated as inactive by the employer. (2) As used in this section, “member” includes an active member or a retired member of the fund […]
§ 24-11-424. Benefits — Retirant receiving less than one-half salary
Retired police officers who are eligible to receive benefits from a policemen’s pension and relief fund shall receive from the policemen’s pension and relief fund a minimum monthly benefit of no less than three hundred fifty dollars ($350).
§ 24-11-805. Investment
(a) (1) All moneys provided for the firemen’s relief and pension fund by this act shall be paid over to and received by the treasurer of the city or town for the sole use and benefit of the firemen’s relief and pension fund, and the firemen’s relief and pension fund shall be used for no […]
§ 24-11-425. Benefits — Death of active or retired member
(a) (1) (A) If any active police officer or any retired member dies from any cause, leaving a surviving spouse, then the board of trustees shall direct a monthly pension during the surviving spouse’s life in an amount equal to the lesser of the: (i) Pension attached to the rank of the deceased police officer […]
§ 24-11-426. Optional vesting rights policy
(a) (1) Upon an actuarial determination that the policemen’s pension and relief fund will remain actuarially sound, the board of trustees of a local policemen’s pension and relief fund of cities of the first class shall have the option to establish a vesting rights policy in its policemen’s pension and relief fund. (2) The required […]
§ 24-11-428. Return of salary deductions
In the event of resignation or discharge from the police department of any member thereof, all moneys deducted from his or her salary shall be immediately returned to him or her without interest.
§ 24-11-429. Vacation pay
The head or chief of each police department shall arrange that each employee shall be granted an annual vacation of not fewer than fifteen (15) working days with full pay.
§ 24-11-430. Death benefit
(a) When an active or retired police officer dies, the board of trustees shall pay from the fund a sum of not less than one hundred dollars ($100) nor more than six thousand five hundred dollars ($6,500) to pay the death benefits of the decedent to: (1) The surviving spouse of the police officer; (2) […]
§ 24-11-432. Additional benefits for certain officers hired prior to January 1, 1983
(a) Beginning July 1, 1987, in addition to the monthly pension benefits as set forth in §§ 24-11-401 — 24-11-403, 24-11-405 — 24-11-413, 24-11-416, 24-11-417, 24-11-422, 24-11-423, 24-11-425, 24-11-428 — 24-11-430, 24-11-801 — 24-11-807, 24-11-809, 24-11-813 — 24-11-815, and 24-11-818 — 24-11-820, for those police officers hired prior to January 1, 1983, and who continue […]