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24-10-304. Transfer of municipal police department officers from Arkansas Public Employees' Retirement System.
Arkansas Code — all titles (historical 2020) · legal_authorities
24-10-304. Transfer of municipal police department officers from Arkansas Public Employees' Retirement System.
(a) Any municipal police department whose employees were covered by the Arkansas Public Employees' Retirement System on July 1, 1997, is authorized to transfer those employees hired after July 1, 1997, to the Arkansas Local Police and Fire Retirement System by:
(1) Notifying the board of trustees of each of the retirement systems in writing, and accompanied by a resolution of the governing body of the municipality, of the intention to transfer the coverage of the qualifying officers; and
(2) Authorizing the Board of Trustees of the Arkansas Public Employees' Retirement System to transfer any sums of money paid into the Arkansas Public Employees' Retirement System for the benefit of the officers of the particular department to the Arkansas Local Police and Fire Retirement System for those officers transferred.
(b)(1) If any municipal police department elects to transfer retirement benefits under this section, all employees hired after July 1, 1997, must be enrolled in the Arkansas Local Police and Fire Retirement System.
(2) Subdivision (b)(1) of this section shall not apply if the employees hired after July 1, 1997:
(A) Are members of the Arkansas Public Employees' Retirement System at the time of hiring; and
(B) Continue to receive public safety credit from prior and current employment.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-10-304
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:24-10-304
Source file: gov.ar.code.title.24.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 6dabc65ee72069f83abf3f5d919b54a05e45b87c4a308a526a55508ac7e58634
Source location: content.xml paragraph 9957
Stored source content
24-10-304. Transfer of municipal police department officers from Arkansas Public Employees' Retirement System.
(a) Any municipal police department whose employees were covered by the Arkansas Public Employees' Retirement System on July 1, 1997, is authorized to transfer those employees hired after July 1, 1997, to the Arkansas Local Police and Fire Retirement System by:
(1) Notifying the board of trustees of each of the retirement systems in writing, and accompanied by a resolution of the governing body of the municipality, of the intention to transfer the coverage of the qualifying officers; and
(2) Authorizing the Board of Trustees of the Arkansas Public Employees' Retirement System to transfer any sums of money paid into the Arkansas Public Employees' Retirement System for the benefit of the officers of the particular department to the Arkansas Local Police and Fire Retirement System for those officers transferred.
(b)(1) If any municipal police department elects to transfer retirement benefits under this section, all employees hired after July 1, 1997, must be enrolled in the Arkansas Local Police and Fire Retirement System.
(2) Subdivision (b)(1) of this section shall not apply if the employees hired after July 1, 1997:
(A) Are members of the Arkansas Public Employees' Retirement System at the time of hiring; and
(B) Continue to receive public safety credit from prior and current employment.
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