Arkansas Code Title 24, Chapter 10, Subchapter 6 - Benefits

• § 24-10-601 - Generally.
  No benefit shall be paid by the Arkansas Local Police and Fire Retirement System based upon pay which is covered by any other retirement...
• § 24-10-602 - Annuity Generally.
  (a) Upon a member's retirement, he or she shall receive an annuity for life in accordance with the applicable benefit program elected by his...
• § 24-10-603 - Annuity Options.
  (a) Before the date the first payment of a member's annuity becomes due, but not thereafter, a member may elect in a manner prescribed...
• § 24-10-604 - Voluntary Retirement.
  (a) (1) A member in covered employment may retire with an annuity provided for in § 24-10-602 upon his or her written application to...
• § 24-10-605 - Compulsory Retirement.
  (a) A member's employer shall determine the compulsory separation age for its employees.(b) Upon his or her separation from his or her last covered...
• § 24-10-606 - Early Retirement.
  (a) An active member in covered employment who has not attained his or her normal retirement age may retire with an early annuity as...
• § 24-10-607 - Disability Retirement.
  (a) (1) (A) (i) An active member with five (5) years of credited service, including credited service for seventy-five percent (75%) of the two...
• § 24-10-608 - Death of Member in Paid Service.
  (a) (1) If an active member with five (5) or more years of credited paid service, including credited service for the year immediately preceding...
• § 24-10-609 - Death of Member in Volunteer Service.
  (a) (1) If an active member who has accrued five (5) or more years of credited service, including credited service for the year immediately...
• § 24-10-610 - Limitations on Death and Disability Annuities.
  If a death annuity is payable on behalf of a member who dies in employer service before retirement, or for the portion of a...
• § 24-10-611 - Termination of Covered Employment.
  (a) A member who terminates covered employment before attaining his or her normal retirement age, for a reason other than death, early retirement, or...
• § 24-10-612 - Redetermination of Benefits.
  (a) Beginning with the July 1 that is at least twelve (12) full months after the effective date of a monthly benefit, the amount...
• § 24-10-613 - Disposition of Accumulated Contributions.
  (a) (1) On or after July 1, 2013, if a retirant and his or her eligible beneficiary, if any, both die before they have...
• § 24-10-614 - Payment of Reserve Value.
  (a) The plan may pay the reserve value of any annuity benefit to a retirant or beneficiary when the annuity benefit payment is less...
• § 24-10-615 - Suspension of Payments Upon Request.
  (a) Notwithstanding any other provision of a plan, a person entitled to receive a plan benefit may request in a manner prescribed by the...
• § 24-10-616 - Subjection of Benefit Rights to Legal Process.
  The right of a person to an annuity, the return of accumulated contributions, the annuity itself, any annuity option, any other right accrued or...
• § 24-10-617 - Survivor Health Benefits.
  (a) When a municipal employee who is vested in a municipal retirement system under the Arkansas Local Police and Fire Retirement System, § 24-10-101...
• § 24-10-618 - Limitation on Benefits Granted by Acts 1997, No. 765.
  No benefit enhancement provided for by § 24-10-610 shall be implemented if it would cause the publicly supported retirement system's unfunded actuarial accrued liabilities...
• § 24-10-619 - Limitation on Benefits Granted by Acts 1997, No. 1136.
  No benefit enhancement provided for by §§ 24-10-604, 24-10-605, and 24-10-611 shall be implemented if it would cause the publicly supported retirement system's unfunded...
• § 24-10-620 - Limitations on Benefits.
  (a) (1) Notwithstanding any language to the contrary under this chapter, benefits attributable to employer contributions and paid under the Arkansas Local Police and...

Last modified: November 15, 2016