There is a newer version of the Arkansas Code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 7 - Local Police and Fire Deferred Retirement Option Plan
§ 24-10-707 - Death of participant.
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 to the account balance of the participant shall be paid to the participant's survivors or if none, to the participant's estate.
(b) A survivor is entitled to the annuity provided under 24-10-709 based on the service and final average salary at the time the member elected to participate in the plan.
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