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.
Ark. Code Ann. § 24-11-416 — under Local Police and Fire Pension and Relief Funds.
Ark. Code Ann. § 24-11-416
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.