§ 24-11-413. Moneys added to fund — Contributions
(a) There shall be added to the policemen’s pension and relief fund the following moneys: (1) All forfeitures and fines imposed upon any member of the police department by way of discipline; (2) All money given or donated to the fund; (3) All money deducted from the salary of any member of the police department […]
§ 24-11-216. Minimum asset management standards
(a) A local firemen’s relief and pension fund or a local policemen’s pension and relief fund shall meet the minimum asset management standards established under this section. (b) (1) A local firemen’s relief and pension fund or a local policemen’s pension and relief fund shall be deemed to have met the minimum asset management standards […]
§ 24-11-415. Proceeds derived from sale of confiscated goods
(a) (1) (A) In all cities and towns, all goods confiscated by a police officer of the city, by the sheriff, or by an officer of the Department of Arkansas State Police within the city and that are no longer needed as evidence shall be sold at auction or Internet auction. (B) The auction or […]
§ 24-11-217. Additional allocation for certain underfunded plans
(a) An additional allocation for certain underfunded plans as described in this section is created. (b) The allocation shall be based on fifteen percent (15%) of the actuarial cost under § 24-11-214 and shall be available for certain policemen’s pension and relief funds and firemen’s relief and pension funds, including the portion of the actuarial […]
§ 24-11-416. Proration where fund insufficient
If at any time there should not be sufficient money in the fund to pay each person a full amount to which he or she may be entitled, the beneficiaries shall be paid by prorating the fund available among them.
§ 24-11-301. Appropriation of tax revenues from foreign insurers
(a) (1) Sixty-six and two-thirds percent (662/3%) of the total tax revenues derived from premium taxes paid to the State of Arkansas by alien and foreign insurance companies upon premiums collected by the insurance companies upon insurance contracts written on motor vehicles, the licensed addresses of which are qualified cities or towns wherein the motor […]
§ 24-11-417. Subjection of fund to legal process
(a) No portion of the policemen’s pension and relief fund shall at any time be subject to seizure or levy under any process whatsoever for the payment of any claim or debt held against any disabled member or the surviving spouse, dependent parent, or child of a deceased or retired member. (b) The fund shall […]
§ 24-11-401. Applicability
This subchapter shall not apply to any city that had a policemen’s pension and relief fund on June 10, 1937.
§ 24-11-418. Former military service credit purchase
(a) Any active member of a policemen’s pension and relief fund may purchase credited service in the pension fund equivalent to a period not to exceed five (5) years for service rendered by the member while on active duty in the United States Armed Forces before the member’s employment covered by the pension fund, if […]
§ 24-11-402. Vote to effect subchapter
(a) The provisions of this subchapter shall be suspended and inoperative in any city affected by the provisions of this subchapter until made available by a vote favorable thereto of the majority of qualified electors of the cities participating in any election on the question and held at a special election in accordance with § […]