§ 24-8-312. Right of transfer from or purchase of credit in Arkansas Public Employees’ Retirement System or reciprocal system
(a) (1) A judge of a municipal court and a clerk of a municipal court who, on March 23, 1973, were covered by the provisions of the Municipal Section of the Arkansas Public Employees’ Retirement System shall, prior to January 1, 1982, make an election in writing as to whether to continue as a member […]
§ 24-8-313. Vote to pay benefits to certain clerks and spouses of judges
(a) Upon a three-fourths (¾) vote of the board of trustees established under § 24-8-302, the fund established under § 24-8-301 et seq. may pay retirement benefits due the following persons: (1) Former municipal court clerks who retired under retirement laws effective prior to March 23, 1973, and whose retirement benefits were paid from the […]
§ 24-8-314. Municipal judge filling partial term, etc
(a) Any judge of a municipal court who was elected countywide to a partial term left vacant by the death of the former judge and who shall have completed the same and subsequently shall have been elected to and completed four (4) consecutive four-year terms and shall at the time of his or her retirement […]
§ 24-8-315. Multicounty districts — Options
(a) The quorum court of any county which is divided into two (2) districts and has two (2) county seats and in which the municipal court is funded primarily by the county shall have the option to provide retirement benefits for the municipal court judge and the municipal court clerk under a local retirement plan […]
§ 24-8-317. Funding for retirement benefits
(a) (1) After the repeal of § 24-8-303 providing for the levy of court costs to fund the municipal court judge and clerk retirement fund, a municipality having provided for retirement benefits for municipal court judges and court clerks in accordance with this subchapter shall continue to provide funds for the retirement benefits in that […]
§ 24-8-318. Additional funding sources for retirement benefits
(a) In addition to the funds for the municipal court judges and clerk retirement fund provided for by § 16-10-308(a)-(d), if the city council or quorum court determines by actuarial valuation that funding is inadequate to meet the financial objective of paying for current and any projected retirement funding obligations, a municipality or county may […]
§ 24-8-319. Benefits
Any person participating in a retirement plan authorized under this subchapter on or after July 1, 1999, shall be entitled to a retirement benefit if that person has ten (10) or more years of actual service in a plan covered by this subchapter and is at least sixty (60) years of age. If the person […]
§ 24-8-320. Municipal Court Retirement Transition Group
(a) Currently, the municipal judges and court clerks in Arkansas are covered under numerous and separate retirement plans run independently by each municipal government. Under Arkansas Constitution, Amendment 80, all municipal courts in existence shall be known as district courts and all judges of those courts shall become district judges effective January 1, 2005. (b) […]
§ 24-8-321. Funds closed
(a) The municipal judge and clerk retirement funds defined in this subchapter are closed effective December 31, 2004. (b) There will be no new members in these funds after December 31, 2004.
§ 24-8-310. Eligibility for benefits — Judge unlicensed to practice law
(a) Any judge of a municipal court who is not licensed to practice law, who has served at least twenty (20) years as municipal judge or police judge, and who resigns, retires, or is succeeded in office shall receive retirement benefits upon attaining age sixty (60). (b) These benefits shall continue for and during the […]