§ 24-11-208. Administration of underfunded plans
(a) The purpose of this section is to provide a method for the funding of benefits in certain underfunded plans. Some of the municipal fire and police pension funds established under §§ 14-52-106, 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 […]
§ 24-11-210. Requirements for qualified plans under Internal Revenue Code
(a) This section shall be considered a part of the plan of each firemen’s relief and pension fund and policemen’s pension and relief fund that is subject to this subchapter. Each plan is intended to qualify under the Internal Revenue Code, 26 U.S.C. § 401(a), and is for the exclusive benefit of its members, retired […]
§ 24-11-211. Arkansas Policemen’s Pension Supplement Program
(a) (1) There is created the Arkansas Policemen’s Pension Supplement Program, to be administered by the Arkansas Fire and Police Pension Review Board. (2) As used in this section, “retired police officers” includes: (A) Police officers who are retired from active service; and (B) Police officers who remain actively employed while participating in the Arkansas […]