§ 24-11-807. Minimum payments generally — Proration upon insufficiency of fund — Supplemental pensions
(a) For volunteer firefighters, in no case shall the payment to any retired member be less than one hundred dollars ($100) per month, and the payment shall be made in accordance with the justice and equity of each case as determined by the board of trustees of the firemen’s relief and pension fund. (b) Should […]
§ 24-11-826. Additional benefits for certain firefighters hired prior to January 1, 1983 — Definition
(a) (1) Beginning July 1, 1987, in addition to the monthly pension benefits as set forth in §§ 24-11-801 — 24-11-807, 24-11-809, 24-11-812 — 24-11-815, 24-11-818, and 24-11-820, for those firefighters hired prior to January 1, 1983, and who continue to work beyond their twenty-fifth year, the member of a firemen’s relief and pension fund […]
§ 24-11-809. Apportionment of insurance premium tax generally
(a) (1) There is apportioned and set aside for the use and benefit of duly constituted firemen’s relief and pension funds and for the administrative and actuarial expenses of the Arkansas Fire and Police Pension Review Board the annual taxes of two and one-half percent (2.5%) on all foreign and alien premiums collected by all […]
§ 24-11-827. Retired member returning to active status
(a) Notwithstanding any other provision of the law to the contrary, should an age or service retirant return March 1, 1986, or later to employment in a position covered by the firemen’s relief and pension fund from which he or she retired, no pension payments shall be paid to him or her for the period […]
§ 24-11-801. Board of trustees — Members
(a) The board of trustees of every firemen’s relief and pension fund established in a city, incorporated town, or duly qualified fire protection district under this subchapter shall be composed of the following: (1) The chief executive, who shall serve as chair of the board; (2) The city or district clerk or recorder, who shall […]
§ 24-11-802. Board of trustees — Proceedings
(a) Meetings of the board of trustees may be called by the chair or by a majority of the members in a manner established by the board. (b) The board shall issue orders signed by the chair and secretary to the persons entitled thereto for the amount of money ordered paid to the persons from […]
§ 24-11-803. Board of trustees — Powers
(a) In addition to the other powers granted in this subchapter, the board of trustees of a firemen’s relief and pension fund shall have the power to: (1) (A) Compel witnesses to attend and testify before it upon all matters connected with the operation of this act and in the same manner as provided by […]
§ 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 […]
§ 24-11-805. 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 […]