(a) (1) Except as otherwise provided in this chapter, the right of a person to an annuity, the return of accumulated contributions, the annuity itself, any annuity option, any other right accrued or accruing under this chapter, and all moneys belonging to a plan:(A) Are not subject to:(i) Execution;(ii) Garnishment;(iii) Attachment;(iv) The operation of bankruptcy or insolvency laws; or(v) Any claim or process of law; and(B) Are unassignable.(2) However, an employer shall have the right of setoff for any claim arising from embezzlement by, or fraud of, a member, retirant, or beneficiary.
(1) Except as otherwise provided in this chapter, the right of a person to an annuity, the return of accumulated contributions, the annuity itself, any annuity option, any other right accrued or accruing under this chapter, and all moneys belonging to a plan:(A) Are not subject to:(i) Execution;(ii) Garnishment;(iii) Attachment;(iv) The operation of bankruptcy or insolvency laws; or(v) Any claim or process of law; and(B) Are unassignable.
(A) Are not subject to:(i) Execution;(ii) Garnishment;(iii) Attachment;(iv) The operation of bankruptcy or insolvency laws; or(v) Any claim or process of law; and
(i) Execution;
(ii) Garnishment;
(iii) Attachment;
(iv) The operation of bankruptcy or insolvency laws; or
(v) Any claim or process of law; and
(B) Are unassignable.
(2) However, an employer shall have the right of setoff for any claim arising from embezzlement by, or fraud of, a member, retirant, or beneficiary.
(b) A final administrative decision of the Board of Trustees of the Arkansas Local Police and Fire Retirement System may be appealed by filing a complaint in Pulaski County Circuit Court.