Arkansas Legal Resource Navigator

24-11-432. Additional benefits for certain officers hired prior to January 1, 1983.

Arkansas Code — all titles (historical 2020) · legal_authorities

24-11-432. Additional benefits for certain officers hired prior to January 1, 1983.

24-11-432. Additional benefits for certain officers hired prior to January 1, 1983. (a) Beginning July 1, 1987, in addition to the monthly pension benefits as set forth in §§ 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 24-11-818 — 24-11-820, for those police officers hired prior to January 1, 1983, and who continue to work beyond their twenty-fifth year, the member shall receive at age sixty (60) and thereafter a benefit on the amount equal to one and one-fourth percent (1.25%) of final salary attached to the rank which the member may have held in the department preceding the date of retirement multiplied by the number of years of service in excess of twenty-five (25) years up to a maximum total benefit of seventy-five percent (75%) of final salary, provided that the maximum seventy-five percent (75%) of final salary shall no longer apply to benefits payable on April 30, 1993, and thereafter to persons retiring henceforth and to those persons who retired on or after July 1, 1987. (b) This benefit shall be payable to the member only and not to surviving spouses or dependent children. (c)(1) For the purposes of this section, “salary” means recurring pays which are received for a regularly scheduled work week and shall not include, except as otherwise provided in this subsection, payments for unused accrued sick leave or annual leave or the cash value of any nonrecurring or unusual remunerations. (2) The term “salary” may include the payments to those police officers under this section for unused accrued sick leave not to exceed ninety (90) work days recorded on the records of the city or town as of the officer's date of retir

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-11-432

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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Record provenance

Stable record: arkansas_code:legal_authorities:24-11-432
Source file: gov.ar.code.title.24.odt
Pages: Not recorded – Not recorded
Passage SHA-256: b439e720133f542af68388733fbd424442830e4a4a5d04d8d6dca953c7520fa1

Source location: content.xml paragraph 11992

Stored source content

24-11-432. Additional benefits for certain officers hired prior to January 1, 1983. (a) Beginning July 1, 1987, in addition to the monthly pension benefits as set forth in §§ 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 24-11-818 — 24-11-820, for those police officers hired prior to January 1, 1983, and who continue to work beyond their twenty-fifth year, the member shall receive at age sixty (60) and thereafter a benefit on the amount equal to one and one-fourth percent (1.25%) of final salary attached to the rank which the member may have held in the department preceding the date of retirement multiplied by the number of years of service in excess of twenty-five (25) years up to a maximum total benefit of seventy-five percent (75%) of final salary, provided that the maximum seventy-five percent (75%) of final salary shall no longer apply to benefits payable on April 30, 1993, and thereafter to persons retiring henceforth and to those persons who retired on or after July 1, 1987. (b) This benefit shall be payable to the member only and not to surviving spouses or dependent children. (c)(1) For the purposes of this section, “salary” means recurring pays which are received for a regularly scheduled work week and shall not include, except as otherwise provided in this subsection, payments for unused accrued sick leave or annual leave or the cash value of any nonrecurring or unusual remunerations. (2) The term “salary” may include the payments to those police officers under this section for unused accrued sick leave not to exceed ninety (90) work days recorded on the records of the city or town as of the officer's date of retirement, provided the municipality agrees by ordinance to make adequate contributions to the fund to cover the additional costs for the benefits from the increased salary and the fund is judged by an actuarial determination to be actuarially sound. The board of trustees shall determine the actuarial costs of the payments for the unused accrued sick leave to the fund.

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Arkansas Code — all titles (historical 2020) · legal_authorities

24-11-401. Applicability.

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.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-11-401

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. The source passage cites 24-11-401. This identifies an authority to review, not proof of applicability.

Arkansas Code — all titles (historical 2020) · legal_authorities

24-11-403. Creation of fund — Tax levy.

24-11-403. Creation of fund — Tax levy. (a) Annually, a tax not to exceed one (1) mill on the dollar of all taxable property in any cities or towns in this state is levied as a fund for pensioned and superannuated members of the police department, for the surviving spouses and minor children or dependent parents of deceased members of the police department, and to relieve the members in case of temporary disability. (b) This fund shall be known as the “policemen's pension and relief fund” and shall be collected as other taxes are collected and shall be turned over to the board of trustees of the policemen's pension and relief fund, as provided in this section. (c) In those cities which do not have a policemen's pension and relief fund but which cover their police officers under the Arkansas Local Police and Fire Retirement System, the tax, once approved by a majority of those voting on the question, shall be collected annually as other taxes are collected and shall be turned over to each city to be applied to each city's account in that system, in such manner and amounts as determined by the board of trustees of that system.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-11-403

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. The source passage cites 24-11-403. This identifies an authority to review, not proof of applicability.

Arkansas Code — all titles (historical 2020) · legal_authorities

24-11-405. Board of trustees.

24-11-405. Board of trustees. (a) The board of trustees of the policemen's pension and relief fund shall consist of seven (7) members as follows: (1) The chief executive officer of the city, who shall be chair of the board; (2) The city treasurer, who shall be treasurer of the fund; (3)(A)(i) Five (5) active or retired members of the pension fund. (ii)(a) The active pension fund members shall elect the active members by secret written ballot in May of each year, with the member or members to be chosen in alternating years. (b) The retired member or members shall be chosen in May of each year by a method to be determined by the board, with the member or members to be chosen in alternating years. (c) All member trustees shall serve two-year terms. (d) In the event of a vacancy in a board position, the board of trustees shall appoint a replacement to serve the remainder of the unexpired term. (iii) If there are no active members of the pension fund, all five (5) employee members shall be elected by the retired membership of the pension fund and the surviving spouses of deceased members currently receiving benefits. (B) The board shall select one (1) of the police members as secretary of the board to serve for a period of two (2) years or until his or her successor is elected and qualified. (C) However, if no retirant is available to serve on the board, all five (5) employee positions shall be held by active members of the pension fund and shall be elected by secret ballot by the active members of the pension fund for two-year terms as provided in subdivision (a)(3)(A) of this section. (D) The board shall have the power to make all rules needful for its guidance to implement the provisions regarding board composition; and (4) The number of active m

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-11-405

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. The source passage cites 24-11-405. This identifies an authority to review, not proof of applicability.

Arkansas Code — all titles (historical 2020) · legal_authorities

24-11-413. Moneys added to fund — Contributions.

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 on account of absence or loss of time; (4) All rewards paid for any purpose; (5) Ten percent (10%) of all fines and forfeitures, not including court costs, collected by the county or city official, agency, or department designated pursuant to § 16-13-709 as primarily responsible for the collection of fines assessed in the district courts of this state for violation of ordinances or state law that pursuant to law would be deposited into the city general fund and are not designated by law as payable to the county or state agencies or entities; and (6)(A) Six percent (6%) of the monthly salary of each member of the department, to be deducted each month by the city and immediately paid to the board of trustees of the policemen's pension and relief fund. (B) However, the monthly deduction shall be four percent (4%) for police officers contributing to Social Security unless increased, but not to exceed six percent (6%), by the majority vote of the contributing members of a police department covered by Social Security. (b) All cities and towns in which a policemen’s pension and relief fund is established shall contribute to the fund an amount not less than six percent (6%) of the police officers’ salary. (c) The contributions by cities and towns shall not exceed the amount contributed by the police officers, except where authorized by appropriation of the city’s or town’s governing body. (d) A police

Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-11-413

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. The source passage cites 24-11-413. This identifies an authority to review, not proof of applicability.