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24-8-707. Contributions — State.
Arkansas Code — all titles (historical 2020) · legal_authorities
24-8-707. Contributions — State.
(a) The state, as employer, shall make contributions to the Arkansas Judicial Retirement System of twelve percent (12%) of the active member payroll.
(b) The Chief Fiscal Officer of the State is authorized and directed to make annual transfers each July 1 to the Judges Retirement Fund from the Constitutional Officers Fund and the State Central Services Fund in an amount determined by computing the dollar amount required based on the actuarially determined employer rate in the most recent annual actuarial valuation and subtracting from that amount the statutory contribution amount specified in subsection (a) of this section, and further, reduced by the amount of the court cost revenue transferred to the Judges Retirement Fund from the State Administration of Justice Fund in accordance with § 16-10-310.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-8-707
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:24-8-707
Source file: gov.ar.code.title.24.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 7c0dc1d0e30b14648b4fbd591bcff5bff29effe42ef6721c421f788ce2510526
Source location: content.xml paragraph 9316
Stored source content
24-8-707. Contributions — State.
(a) The state, as employer, shall make contributions to the Arkansas Judicial Retirement System of twelve percent (12%) of the active member payroll.
(b) The Chief Fiscal Officer of the State is authorized and directed to make annual transfers each July 1 to the Judges Retirement Fund from the Constitutional Officers Fund and the State Central Services Fund in an amount determined by computing the dollar amount required based on the actuarially determined employer rate in the most recent annual actuarial valuation and subtracting from that amount the statutory contribution amount specified in subsection (a) of this section, and further, reduced by the amount of the court cost revenue transferred to the Judges Retirement Fund from the State Administration of Justice Fund in accordance with § 16-10-310.
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Arkansas Code — all titles (historical 2020) · legal_authorities
16-10-310. State Administration of Justice Fund — Distribution of revenue.
(a) At the close of books on or before the twentieth working day of each month, the Department of Finance and Administration shall distribute revenue credited to the State Administration of Justice Fund and received for the previous month as provided in this section.
(b) The revenue described in subsection (a) of this section shall be distributed to the following state programs and state agencies in monthly installments of at least one-twelfth (1/12) of the annual allocation provided for each state program or state agency from the State Administration of Justice Fund subject to the limitations stated in this section:
(1) The Board of Trustees of the University of Arkansas for the purpose of and as regulated by §§ 6-64-604 — 6-64-606;
(2) The Public Health Fund and the Drug Abuse Prevention and Treatment Fund for use in the drug abuse prevention and treatment program of the Division of Aging, Adult, and Behavioral Health Services of the Department of Human Services;
(3) The Division of Arkansas State Police for the State Police Retirement Fund;
(4) The Crime Victims Reparations Revolving Fund for the purpose of and as regulated by the Arkansas Crime Victims Reparations Act, § 16-90-701 et seq.;
(5) The Prosecutor Coordinator's office for deposit into the Law Enforcement and Prosecutor Drug Enforcement Training Fund;
(6) The Crime Information System Fund;
(7) The Justice Building Construction Fund;
(8) The District Court Judge and District Court Clerk Education Fund;
(9) The Judges Retirement Fund;
(10) The State Central Services Fund for the benefit of the Arkansas Public Defender Commission;
(11) The Court Reporter's Fund;
(12) The Justice Building Fund;
(13) The Ark
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-10-310
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 16-10-310. This identifies an authority to review, not proof of applicability.