There is a newer version of the Arkansas Code
2010 Arkansas Code
Title 24 - Retirement And Pensions
Chapter 10 - Arkansas Local Police And Fire Retirement System
Subchapter 6 - Benefits
§ 24-10-618 - Limitation on benefits granted by Acts 1997, No. 765.
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 to exceed a thirty-year amortization. No benefit enhancement provided for by 24-10-610 shall be implemented by any publicly supported system which has unfunded actuarial accrued liabilities being amortized over a period exceeding thirty (30) years until the unfunded actuarial accrued liability is reduced to a level less than the standards prescribed by 24-1-101 et seq.
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