Title 24 — Retirement and Pensions
12 chapters · 740 sections in this title.
Ark. Code Ann. § 24-12-101 Definitions
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(1) As used in this section and §§ 24-12-102 — 24-12-118, “paid nonuniformed employees”:(1) Means the mayor, city attorney, city treasurer, city clerk, or municipal judge of any city to which this section and §§ 24-12-102 — 24-12-118 are applicable when the mayor, city attorney, …
Ark. Code Ann. § 24-12-102 Applicability
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Sections 24-12-101 — 24-12-118 shall not apply to any city having a paid nonuniformed employees' pension and relief fund prior to February 23, 1949.
Ark. Code Ann. § 24-12-103 Vote to effect §§ 24-12-101 — 24-12-118
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(a) The provisions of §§ 24-12-101 — 24-12-118 shall be suspended and inoperative in any city affected by the provisions of §§ 24-12-101 — 24-12-118 until made available by a vote favorable thereto of the majority of the qualified electors of the cities participating in any elect…
Ark. Code Ann. § 24-12-104 Tax levy to support fund
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(a) Annually, a tax not to exceed one and one-half (1½) mills on the dollar of all taxable property in cities of the first class and cities of the second class which have paid nonuniformed employees may be levied by a vote of the people as a fund for pensioned, superannuated, and…
Ark. Code Ann. § 24-12-105 Board of trustees
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(a) (1) The board of trustees of the pension and relief fund for paid nonuniformed employees shall consist of five (5) members and shall be composed of the mayor, the head of the street department, the city treasurer, who shall be the treasurer of the fund and the general manager…
Ark. Code Ann. § 24-12-106 List of retired employees
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(a) There shall be kept in the office of the board of trustees pension and relief fund for paid nonuniformed employees, by the secretary, a book known as the “list of retired paid nonuniformed employees”. (b) The book shall give the full and complete history and record of action …
Ark. Code Ann. § 24-12-107 Treasurer as custodian of fund
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(a) The treasurer shall be custodian of the pension and relief fund for paid nonuniformed employees and shall keep his or her books and accounts concerning the fund in such manner as may be prescribed by the board of trustees of the pension and relief fund for paid nonuniformed e…
Ark. Code Ann. § 24-12-108 Deposit of moneys
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The board shall deposit all moneys into the bank selected as the fiscal agent of the city in which it is located, but only if the moneys draw the same rate of interest as the city receives on its deposits. Otherwise, the board shall make its own selection of the bank.
Ark. Code Ann. § 24-12-109 Investment
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(a) The board of trustees of the pension and relief fund for paid nonuniformed employees shall have the power to draw sums from its treasury to invest in the name of the board of trustees of the pension and relief fund for paid nonuniformed employees in interest-bearing bonds of …
Ark. Code Ann. § 24-12-110 Payments
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(a) Except as provided in subsection (c) of this section, all moneys paid from the pension and relief fund for paid nonuniformed employees shall be paid by the treasurer only upon warrants signed by the chair and countersigned by the secretary thereof. (b) Except as provided in s…
Ark. Code Ann. § 24-12-111 Moneys added to fund — Refunds
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(a) There shall be added to the fund pension and relief fund for paid nonuniformed employees the following moneys:(1) All moneys given or donated to the fund; and(2) Not less than six percent (6%) of the monthly salary of each employee, to be deducted each month by the city or it…
Ark. Code Ann. § 24-12-112 Proration upon insufficiency of fund
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If at any time there should not be sufficient money in the pension and relief fund for paid nonuniformed employees 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 in accordance with th…
Ark. Code Ann. § 24-12-113 Report on condition of fund
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The board of trustees of the pension and relief fund for paid nonuniformed employees shall report to the council, city commissioner, or city clerk of the city on the condition of the pension and relief fund for paid nonuniformed employees on the first regular meeting in January o…
Ark. Code Ann. § 24-12-114 Subjection of fund to legal process
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(a) No portion of the pension and relief fund for paid nonuniformed employees shall at any time be subject to seizure or to be levied on under any process whatsoever for the payment of any claim or debts held against any disabled or retired employee or the surviving spouse, depen…
Ark. Code Ann. § 24-12-115 Benefits — Temporary total disability retirement — Voluntary retirement
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(a) The board of trustees of the pension and relief fund for paid nonuniformed employees, by a majority vote of the members and with the approval of the physician on the board, shall have the power to retire from service any employee who has become temporarily totally disabled wh…
Ark. Code Ann. § 24-12-116 Benefits — Permanent total disability retirement
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(a) If any paid nonuniformed employee, while in the performance of his or her duty, shall become physically or mentally totally and permanently disabled by reason of his or her service from performing his or her departmental duties and this fact shall be certified to by the physi…
Ark. Code Ann. § 24-12-117 Benefits — Death of employee
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(a) (1) If while in the performance of his or her duty any employee shall be killed or die as a result of injuries received in performing that duty, or shall die of a disease contracted by reason of that occupation, or shall die of natural causes while in service, and shall leave…
Ark. Code Ann. § 24-12-118 Funeral expenses
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(a) Whenever an active or retired employee shall die or be killed, the board of trustees of the pension and relief fund for paid nonuniformed employees shall appropriate from the pension and relief fund for paid nonuniformed employees the sum of one hundred dollars ($100) to pay …
Ark. Code Ann. § 24-12-119 [Repealed.]
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A.C.A. § 24-12-119Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 24-12-120 City attorneys in cities of the first class and cities of the second class
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(a) Upon approval by the governing body, a city of the first class or city of the second class may provide for retirement benefits established by this section for a city attorney elected or appointed to office. (b) In all cities of the first class and cities of the second class i…
Ark. Code Ann. § 24-12-121 City clerk — Clerk-treasurer
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(a) (1) A city clerk or clerk-treasurer in a city of the first class may retire from office for the remainder of his or her life at the retirement pay provided in this section if the person has served as city clerk, clerk-treasurer, or city treasurer for:(A) Not less than ten (10…
Ark. Code Ann. § 24-12-122 Deputy city clerks
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(a) Any deputy city clerk in a city of the first class who shall have served twenty (20) years as deputy city clerk, who shall have attained sixty-five (65) years of age, and who shall retire from office or be succeeded by another deputy city clerk may receive for the remainder o…
Ark. Code Ann. § 24-12-123 Mayors of cities of the first class
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(a) (1) (A) In all cities of the first class in this state, any person who shall serve as mayor of the city for a period of not less than ten (10) years, upon reaching sixty (60) years of age, or any person who shall serve as mayor of the city for a period of not less than twenty…
Ark. Code Ann. § 24-12-124 Mayors of cities of the second class
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(a) (1) A person who has served as mayor of a city of the second class for at least twenty (20) years may retire at any age, and a person who has served as a mayor of a city of the second class for at least sixteen (16) years may retire upon reaching sixty-five (65) years of age.…
Ark. Code Ann. § 24-12-125 Treasurers of cities of the first class
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(a) Upon approval of the governing body of any city of the first class, any person who has served as city treasurer of the city for a period of fifteen (15) years and who shall retire from office or be succeeded by another city treasurer shall, upon reaching sixty (60) years of a…
Ark. Code Ann. § 24-12-126 Participation in Arkansas Public Employees' Retirement System by certain city or utility managers
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(a) The city or utility manager of any municipality in this state having a city manager form of government and a population of fewer than fifty thousand (50,000) inhabitants, according to the most recent federal decennial census, at his or her option may be included in or exclude…
Ark. Code Ann. § 24-12-127 Recorder-treasurers and city treasurers of the second class
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(a) (1) Any recorder-treasurers and city treasurers in a city of the second class who shall have served as recorder-treasurer and city treasurer for a period of not less than ten (10) years, upon reaching sixty (60) years of age, or who shall serve twenty (20) years without regar…
Ark. Code Ann. § 24-12-128 County officials and employees
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When any county official or county employee retires and either is fifty-five (55) years of age or older and vested in the County Division of the Arkansas Public Employees' Retirement System or has thirty (30) or more years of actual service or thirty-five (35) years of credited s…
Ark. Code Ann. § 24-12-129 Municipal officials and employees
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When any municipal official or municipal employee fifty-five (55) years of age or over who has completed twenty (20) years of service to the municipality and who is vested in the retirement system retires, the official or employee may continue to participate in the municipality's…
Ark. Code Ann. § 24-12-130 Limitation on benefits provided by Acts 1997, No. 1098
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Nothing contained in § 24-12-129 should be interpreted to prevent a municipality from providing benefits contained in § 24-12-129 to retirees who are less than fifty-five (55) years of age or who have completed fewer than twenty (20) years of municipal service. Further, any perso…
Ark. Code Ann. § 24-12-131 Monthly benefit increase
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Any former mayor of a municipality having a population of not fewer than twenty-one thousand eight hundred (21,800) nor more than twenty-two thousand eight hundred (22,800) according to the 1990 Federal Decennial Census who is receiving a monthly retirement annuity of two hundred…
Ark. Code Ann. § 24-12-132 Health benefits for retired municipal employees and officials
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(a) A retired employee or official may participate in the healthcare plan of the municipality from which he or she retired if he or she:(1) Is receiving a retirement benefit from the Arkansas Local Police and Fire Retirement System, Arkansas Public Employees' Retirement System, o…
Ark. Code Ann. § 24-12-201 Power to invest — Definition
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(a) For purposes of this subchapter, “city” means a city of the first class, a city of the second class, and an unincorporated town. (b) Subject to subsection (c) of this section, a board of trustees of a city nonuniformed employees' pension plan with assets in excess of one hund…
Ark. Code Ann. § 24-12-202 Authority to employ investment advisor — Investment policy
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(a) A board of trustees of a city nonuniformed employees' pension plan with assets in excess of one hundred thousand dollars ($100,000) may employ an investment advisor as its agent to make investment recommendations and to invest the assets pursuant to a written board investment…
Ark. Code Ann. § 24-12-203 Immunity — Jurisdiction
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(a) Trustees who comply with the requirements of § 24-2-618(a) are not liable to the beneficiaries or to the trust for the decisions or actions of the agent to whom the function was delegated. (b) By accepting the delegation of a trust function from the trustees of a trust that i…
Ark. Code Ann. § 24-12-204 Construction of subchapter
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This subchapter is cumulative to §§ 24-12-101 — 24-12-118 and shall not repeal those sections.