Arkansas Statutes
§ 24-12-126 — Participation in Arkansas Public Employees' Retirement System by certain city or utility managers
Arkansas·Title 24
(a)The city or utility manager of any municipality in this state having a city manager form of government and a population of fewer than fifty thousand (50,000) inhabitants, according to the most recent federal decennial census, at his or her option may be included in or excluded from membership in the Municipal Division of the Arkansas Public Employees' Retirement System.
(b)If any such city or utility manager shall elect not to be covered by the Municipal Division, a statement in writing to that effect shall be filed with the city manager board of the city, and a copy thereof shall be furnished to the Director of the Arkansas Public Employees' Retirement System.
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Arkansas § 24-12-126 (Participation in Arkansas Public Employees' Retirement System by certain city or utility managers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1985, No. 596, § 1; A.S.A. 1947, § 19-739.
Nearby Sections
15
§ 24-1-101
Assets and income for retirement systems§ 24-1-102
Annual valuation§ 24-1-103
Change of contribution rate§ 24-1-105
Liabilities exceeding thirty-year amortization period - Legislated benefit enhancement prohibited§ 24-1-106
Benefit enhancements§ 24-1-201
Declaration of policy§ 24-1-202
Definitions§ 24-1-203
Rules§ 24-1-206
Agents§ 24-1-207
Contributions - State employees