Arkansas Code Title 24, Chapter 10, Subchapter 7 - Local Police and Fire Deferred Retirement Option Plan

• § 24-10-701 - Election to Participate.
  (a) In lieu of terminating employment and accepting a voluntary service retirement benefit, a police officer or firefighter who is a member in paid...
• § 24-10-702 - Credited Service.
  (a) For purposes of this subchapter, "credited service": (1) Includes military service credit under § 24-10-502; and (2) Does not include service credit that...
• § 24-10-703 - Contributions.
  (a) If a member begins participation in the Local Police and Fire Deferred Retirement Option Plan, the employer and employee contributions shall continue to...
• § 24-10-704 - Benefits -- Rate of Return.
  (a) The member's monthly retirement benefit shall not change unless the retirement annuity as defined in § 24-10-602 is increased.(b) (1) A member who...
• § 24-10-705 - Method of Payment.
  At the option of the participant, the participant in the Local Police and Fire Deferred Retirement Option Plan shall receive: (1) A lump-sum payment...
• § 24-10-706 - Duration.
  (a) The duration of participation in the Local Police and Fire Deferred Retirement Option Plan for active paid service police officers and firefighters shall...
• § 24-10-707 - Death of Participant.
  (a) If the participant dies during the period of participation in the Local Police and Fire Deferred Retirement Option Plan, a lump-sum payment equal...
• § 24-10-708 - Disability of Participant.
  If the participant becomes disabled during the period of participation in the Local Police and Fire Deferred Retirement Option Plan, the participant shall be...
• § 24-10-709 - Partial-Annuity-And-Lump-Sum Option.
  (a) If a member does not terminate employment and retire on the date the member meets the service requirements of § 24-10-604 for an...

Last modified: November 15, 2016