2014 Arkansas Code
Title 24 - Retirement And Pensions
Chapter 12 - Local Officers And Employees -- Miscellaneous Provisions
Subchapter 1 - General Provisions
§ 24-12-104 - Tax levy to support fund.

AR Code § 24-12-104 (2014) What's This?

(a) Annually, a tax not to exceed one and one-half (11/2) mills on the dollar of all taxable property in cities of the first and second class which have paid nonuniformed employees may be levied by a vote of the people as a fund for pensioned, superannuated, and retired paid nonuniformed employees and for the surviving spouses and dependent children of deceased paid nonuniformed employees and dependent parents of deceased employees and to relieve the employees in case of permanent or temporary disability.

(b) At any time that any city in this state shall meet the requirements of this section, then, and in that case, the provisions of this act shall apply to the city.

(c) The fund shall be known as the pension and relief fund for paid nonuniformed employees and shall be collected by the sheriffs and collectors as other taxes are collected and by them turned over to the board of trustees of the fund, which board is provided for and created in this act.

Disclaimer: These codes may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.