Arkansas Code Title 24, Chapter 10, Subchapter 4 - Funds -- Contributions -- Management of Assets

• § 24-10-401 - Financial Objectives and Actuarial Valuations.
  (a) (1) The general financial objective of the Arkansas Local Police and Fire Retirement System and of each employer shall be to establish and...
• § 24-10-402 - Investments.
  (a) (1) The Board of Trustees of the Arkansas Local Police and Fire Retirement System shall be the trustee of the funds of the...
• § 24-10-403 - Asset Accounts.
  All the assets of the Arkansas Local Police and Fire Retirement System shall be held in four (4) accounts, namely: (1) The members' deposit...
• § 24-10-404 - Members' Deposit Account -- Contributions.
  (a) The members' deposit account, as created by § 24-10-403, shall be the account in which shall be accumulated the contributions made by members...
• § 24-10-405 - Employer Accumulation Account -- Contributions.
  (a) The employer accumulation account as created by this section shall be the account into which contributions made by employers for annuities shall be...
• § 24-10-406 - Retirement Reserve Account.
  The retirement reserve account, as created by this section, shall be the fund into which shall be made transfers as provided in this chapter...
• § 24-10-407 - Income-Expense Account.
  (a) The income-expense account, as created by this section, shall be the account to which shall be credited all investment income from invested assets...
• § 24-10-408 - State Contributions -- System Administrative Expenses.
  (a) Subject to the provisions of this chapter, the state shall not contribute to finance the Arkansas Local Police and Fire Retirement System, except...
• § 24-10-409 - Proration of State Revenues Between Political Subdivision and Its Relief Fund.
  (a) For each political subdivision with a relief fund in effect, the relief fund has been receiving revenues from the state derived from the...
• § 24-10-410 - Delinquent Payments.
  (a) If any political subdivision fails to make any payment due the Arkansas Local Police and Fire Retirement System for a period of ten...
• § 24-10-411 - [Repealed.]

Last modified: November 15, 2016