reglab/housing_qa huggingface dataset:
AR Code § 24-1-302 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 1 - General Provisions|Subchapter 3 - Forfeiture of Public Retirement System Benefits|§ 24-1-302. Forfeiture of benefits

 (a)  (1) A beneficiary forfeits his or her right to benefit payments under a retirement system if he or she:  (A) Is convicted by a court of competent jurisdiction of the unlawful killing of the member or retirant;  (B) Pleads guilty or nolo contendere to the unlawful killing of the member or retirant;  (C) Is found liable by a court of competent jurisdiction for the unlawful killing of the member or retirant by a preponderance of the evidence in a civil action;  (D) Is acquitted by a court of competent jurisdiction for the unlawful killing of the member or retirant by reason of insanity, mental defect or disease, or any other mental incapacity; or  (E) Is found by a court of competent jurisdiction to lack the capacity to understand or effectively assist in defending a criminal proceeding against him or her for the unlawful killing of the member or retirant.    (2) If a retirement system finds that a beneficiary has forfeited his or her right to benefit payments from the retirement system under subdivision (a)(1) of this section, the retirement system shall treat the beneficiary as if he or she is deceased and shall not make benefit payments to the beneficiary.    (b)  (1) If a beneficiary appeals his or her conviction for an offense described under subdivision (a)(1) of this section, benefit payments shall not be paid to the beneficiary unless the appeal results in a reversal of the conviction.  (2)  (A) If the conviction of a beneficiary for an offense described under subdivision (a)(1) of this section is reversed, the retirement system may make benefit payments to the beneficiary.  (B) If the conviction of a beneficiary for an offense described under subdivision (a)(1) of this section is affirmed, the retirement system shall not make benefit payments to the beneficiary.      (c) If a member or retirant does not have a contingent beneficiary who may receive benefit payments under this section, the member or retirant's contributions to the retirement system shall be refunded to the estate of the member or retirant.
AR Code § 24-1-303 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 1 - General Provisions|Subchapter 3 - Forfeiture of Public Retirement System Benefits|§ 24-1-303. Suspension of benefit payments

 (a) A retirement system may suspend benefit payments to a beneficiary if the retirement system:  (1) Receives the written notice required under § 24-1-304 from a prosecuting attorney; or  (2) Has reasonable cause to believe that the beneficiary will be charged with the unlawful killing of the member or retirant.    (b) If benefit payments are suspended under this section, the suspension shall continue until:  (1) A final adjudication of the criminal or civil proceeding; or  (2)  (A) The retirement system receives written confirmation from the prosecuting attorney that the beneficiary will not be charged with the unlawful killing of the member or retirant.  (B) The retirement system shall request written confirmation from the prosecuting attorney stating that the beneficiary will not be charged with the unlawful killing of the member or retirant.
AR Code § 24-1-304 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 1 - General Provisions|Subchapter 3 - Forfeiture of Public Retirement System Benefits|§ 24-1-304. Notice to retirement system

 (a) A prosecuting attorney shall send written notice by certified mail, return receipt requested, to the executive director or executive secretary of the applicable retirement system when a beneficiary:  (1) Is charged with an offense described under § 24-1-302; or  (2)  (A) Will not be charged with an offense described under § 24-1-302.  (B) If the prosecuting attorney receives a request under § 24-1-303 from a retirement system and a decision on whether the beneficiary will be or will not be charged with an offense described under § 24-1-302 has not been made, the prosecuting attorney shall notify the retirement system that a decision is pending.      (b) The clerk of the court in which the proceeding against the beneficiary is being conducted shall send written notice by certified mail, return receipt requested, to the executive director or executive secretary of the applicable retirement system when:  (1) A beneficiary is convicted of an offense described under § 24-1-302;  (2) A beneficiary appeals his or her conviction for an offense described under § 24-1-302; and  (3) The appellate court issues a final ruling upholding or reversing the conviction of the beneficiary for an offense described under § 24-1-302.    (c) A written notice required under this section shall include any information that the applicable retirement system determines necessary for the retirement system to identify the account of the member or retirant and implement this subchapter.
AR Code § 24-1-305 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 1 - General Provisions|Subchapter 3 - Forfeiture of Public Retirement System Benefits|§ 24-1-305. Notice to beneficiary

 (a)  (1) The executive director or executive secretary of the applicable retirement system or his or her designee shall notify a beneficiary when benefits shall not be paid as provided under § 24-1-302.  (2) The notice provided under subdivision (a)(1) of this section shall advise the beneficiary of:  (A) The specific facts supporting the retirement system's nonpayment of benefits; and  (B) His or her right to request a waiver of the forfeiture before the board of trustees of the retirement system.      (b)  (1) A beneficiary shall request a waiver of the forfeiture by the board of trustees of the retirement system within thirty (30) days of receiving the notice required under subsection (a) of this section.  (2) A waiver request made under subdivision (b)(1) of this section shall be submitted to the board of trustees of the retirement system in the manner specified by the applicable retirement system.    (c) Upon receiving a waiver request submitted under subdivision (b)(1) of this section, the board of trustees of the retirement system shall set and notify the beneficiary of the waiver hearing date.
AR Code § 24-2-202 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 2 - Investments|§ 24-2-202. Procedure for purchase or sale of securities

 (a) All securities purchased or sold by the board of trustees shall be upon sealed offers after publication of notice of proposal to purchase or sell, except securities provided for in § 24-2-201(b)(1), (2), (7), (8), (10), (11), and (12).  (b)  (1)  (A) Not fewer than seven (7) days nor more than fourteen (14) days prior to the date set for the purchase of securities, the board of trustees shall cause a notice to be published by one (1) insertion, in one (1) or more newspapers of general circulation throughout the state and in such other newspapers or financial journals as to it may appear desirable.  (B) This notice shall request offers to sell such obligations to the system and state the approximate amount of funds proposed to be made available for the purpose and the time and place that the offers will be received.    (2) On the date and on and after the time so fixed, the board of trustees, or a duly designated subcommittee thereof, shall open, read aloud, tabulate, and compare all the offers received; then, or within twenty-four (24) hours after the date and time so fixed, the board of trustees shall purchase or contract for the purchase of such of the obligations as, in its opinion, will serve the best interest of the retirement system.  (3) All obligations of a particular type shall be purchased on the basis of the highest annual interest yield to the retirement system.  (4) The board of trustees may reject any or all offers received and may waive informalities.    (c) All obligations of a particular issue which are purchased by the board of trustees upon sealed offers shall be accompanied at the time of delivery and payment, by the opinion of recognized bond counsel acceptable to the board of trustees approving without qualification the validity of the issue of which the obligations are a part.  (d) Direct general obligations of the United States and obligations of instrumentalities thereof may be purchased from the issuers from their duly designated fiscal agents or in the open market either with or without giving prior notice by publication of intention to purchase, all as, in the opinion of the board of trustees, will serve the best interest of the system.
AR Code § 24-2-203 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 2 - Investments|§ 24-2-203. First lien serial coupon bonds of local industrial development corporations

 (a) Whenever mutually agreeable to the respective boards of trustees, the State Board of Finance may sell and the retirement systems may purchase first lien serial coupon bonds of local industrial development corporations.  (b) Payment under any sale and purchase agreement may be effected in the State Treasury by charging the proper retirement fund with the purchase price thereof and by delivery of the securities to the custodian of the system.  (c) In the event of default in payment of the principal of or interest on bonds of industrial development corporations, the State Board of Finance shall repurchase the obligations immediately after being called upon to do so by the system. The transaction may be effected in the State Treasury by crediting the retirement system fund with the purchase price thereof and by delivery of the securities to the custodian of securities for the State Board of Finance for credit of the par value thereof to the Securities Account.  (d) The amount of the accrued interest due upon any repurchase or original sale shall be charged or credited, as the case may be, to the Securities Reserve Fund.  (e) The sale and purchase price, and the resale and repurchase price, of first lien serial coupon bonds of industrial development corporations shall be the par value of those obligations, plus accrued interest.
AR Code § 24-2-204 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 2 - Investments|§ 24-2-204. Default in payment of principal or interest

 (a) In the event of default in payment of the principal of or interest on bonds or other obligations held in the respective retirement funds, if the issuer of the obligations is a state-supported institution of higher learning, a county, a municipal corporation, including boards, commissions, or other authorities thereof, or a school district, the Treasurer of State shall withhold the amount of the default from any moneys in the State Treasury derived from general revenues on hand to the credit of, or held for the benefit of, the issuer and credit that amount, by transfer, to the retirement fund holding the obligations.  (b)  (1) The State Treasury fund from which any transfer may be made shall be charged with the amount of the transfer.  (2)  (A) The Treasurer of State shall furnish notification of the transfer, in writing, to the disbursing officer of the fund from which the transfer shall have been made.  (B) Notification shall set forth the name of the issuer, the date, amount, and purpose of the charge.    (3) The Treasurer of State shall thereafter cancel and deliver the obligations so retired to the designated paying agent.    (c) No transfers may be made from moneys in any State Treasury fund which are derived from revenue either specifically or generally pledged to the payment of any issued and outstanding bonds.
AR Code § 24-2-205 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 2 - Investments|§ 24-2-205. Purchase of obligations not cancellation — Trust

 (a) All obligations purchased or received shall be held in trust for the use and benefit of the system, which trust shall be subject only to the right of the board of trustees to sell or otherwise dispose of the obligations as provided in the various plans.  (b) No purchase or receipt of obligations by a board of trustees shall ever be construed as a cancellation of the obligations so purchased or received.
AR Code § 24-2-206 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 2 - Investments|§ 24-2-206. Jurisdiction and custodianship of funds — Interest

 (a)  (1) The various retirement system funds, as established in the State Treasury, are created and constituted trust funds.  (2) All assets of the various funds, both cash and securities, shall be under the exclusive jurisdiction of the respective boards of trustees and shall be held by the Treasurer of State as custodian, subject to the orders and direction of the boards of trustees.    (b) The interest received on all investments made from the trust funds shall be considered as trust fund income and shall be deposited into the State Treasury to the credit of the retirement system fund from which the investments were made.
AR Code § 24-2-207 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 2 - Investments|§ 24-2-207. Assets and income for retirement systems

 All assets and income of any retirement system of a city or other political subdivision of the State of Arkansas shall be held, invested, or disbursed for the exclusive purpose of providing for benefits, investment management, and administrative expenses and shall not be encumbered for or diverted to any other purposes.
AR Code § 24-2-301 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 3 - Correction of Erroneous Memberships|§ 24-2-301. Definitions

 As used in this subchapter, unless the context otherwise requires:   (1) “Eligible retirement system” means the retirement system in which the employee is eligible for membership;  (2) “Employer” means an employing state agency or an employing school district; and  (3) “Retirement system of record” means the system that holds an erroneous membership.
AR Code § 24-2-303 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 3 - Correction of Erroneous Memberships|§ 24-2-303. Erroneous enrollment before January 1, 1979

 (a) Any employee who was erroneously enrolled in a state retirement system before January 1, 1979, and whose contributions have not been refunded prior to March 26, 1979, shall continue to be a member of the retirement system of record.  (b) The member shall receive service credit for all paid membership service in the retirement system, shall be entitled to any free service which was credited to the member prior to March 26, 1979, or which is creditable to the member under existing laws, and shall also be entitled to reciprocal service credits as provided by §§ 24-2-401 — 24-2-405 and 24-2-407.
AR Code § 24-2-304 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 3 - Correction of Erroneous Memberships|§ 24-2-304. Erroneous enrollment on or after January 1, 1979

 (a)  (1) When it is discovered by an employee, employer, or a state retirement system that an employee became erroneously enrolled in a state retirement system on or after January 1, 1979, the employee may elect to remain a member of the retirement system of record or may become a member of the eligible retirement system.  (2) Subsections (b)-(d) of this section shall apply if the member chooses to become a member of the eligible retirement system.    (b) The retirement system of record shall refund to the employer all contributions, both employee and employer, that were made in behalf of the employee in question.  (c)  (1) The employer shall retain the contributions of both the employee and the employer that are refunded under subsection (b) of this section until the member is enrolled in the eligible retirement system.  (2) Upon receipt of the refunded contributions, the employer shall file with the eligible retirement system an application for membership by the employee and a history of covered employment and wages, including service refunded by the retirement system of record.    (d)  (1) The eligible retirement system shall furnish to both the employee and the employer a statement of the amount of contributions necessary to establish service credit in the eligible retirement system for the service refunded by the retirement system of record.  (2) In computing the cost of that service, the eligible retirement system shall include both employee and employer contribution rates in its computation.  (3) In paying the cost of establishing credit for the service in the eligible retirement system, the employer shall first use the employee refund from the retirement system of record and then as much of the employer refund as may be necessary. However, if all of the employer refund is not required to establish service credit, the remaining amount shall be paid into the General Education Fund.  (4) In the event the cost of establishing the service credit is in excess of both the employee and the employer contributions refunded by the retirement system of record, the excess amount shall be paid by the employee.
AR Code § 24-2-305 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 3 - Correction of Erroneous Memberships|§ 24-2-305. Effect of promotion of nonteacher school employee

 Other provisions of this subchapter to the contrary notwithstanding, a school janitor, bus driver, or cafeteria worker who is enrolled in one (1) of those positions as a member of the Arkansas Public Employees' Retirement System and later is promoted to a position as school maintenance worker or supervisor, as bus mechanic or as transportation supervisor, or as cafeteria manager, respectively, shall continue to be a member of the Arkansas Public Employees' Retirement System as long as he or she is employed in one (1) of those respective capacities.
AR Code § 24-2-306 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 3 - Correction of Erroneous Memberships|§ 24-2-306. Erroneous enrollment because of concurrent membership

 Any member of the Arkansas Public Employees' Retirement System who is erroneously enrolled in the Arkansas Public Employees' Retirement System because of concurrent enrollment in another state-funded or state-authorized retirement system, other than Social Security, due to separate and distinct service for a public school or a municipality, may elect to remain a member of the Arkansas Public Employees' Retirement System subject to the following conditions:   (1) The other system will allow the member to forfeit the concurrent service by refunding all employer and employee contributions respectively; and  (2) The member notifies both the Arkansas Public Employees' Retirement System and the other system that the member will remain in the Arkansas Public Employees' Retirement System and forfeit service and accrued benefits in the other system.
AR Code § 24-2-401 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 4 - Reciprocal Service Credits|§ 24-2-401. Definitions

 As used in this subchapter:   (1) “Deferred retirement option plan” means an option for retirement under a reciprocal system whereby the retirement system members, in lieu of terminating employment, can continue with employment with covered employers and can accept a service retirement benefit pursuant to deferred retirement option plan provisions in § 24-7-1301 et seq. for the Arkansas Teacher Retirement System or for any other deferred retirement option plan which might be created by, or authorized for creation by, law under a reciprocal system;  (2) “Public safety service covered by the Arkansas Public Employees' Retirement System” means service as a public safety member as defined in § 24-4-101(34);  (3) “Reciprocal system” means:  (A) The Arkansas Teacher Retirement System in operation June 30, 1957, and continued by §§ 24-7-202 — 24-7-205, 24-7-301 — 24-7-305, 24-7-401 — 24-7-411, 24-7-501, 24-7-502, 24-7-601 — 24-7-604, 24-7-606, 24-7-701, 24-7-702, 24-7-704 — 24-7-713, 24-7-715, and 24-7-716;  (B) The Arkansas State Highway Employees' Retirement System, established by § 24-5-103;  (C) The Arkansas Public Employees' Retirement System, established by § 24-4-103;  (D) The State Police Retirement System, established by § 24-6-203;  (E) The Arkansas Judicial Retirement System, established by § 24-8-201 et seq.;  (F) An alternate retirement plan for:  (i) A college, university, or the Division of Higher Education provided for under § 24-7-801 et seq.; or  (ii) A vocational-technical school or the Division of Career and Technical Education, the Adult Education Section, and the Office of Skills Development, provided for under § 24-7-901 et seq.; or    (G) The Arkansas Local Police and Fire Retirement System provided for under § 24-10-101 et seq.; and    (4) “State employer” means:  (A) The public employer whose employees are covered under:  (i) The Arkansas Teacher Retirement System;  (ii) The Arkansas State Highway Employees' Retirement System;  (iii) The Arkansas Public Employees' Retirement System; or  (iv) The State Police Retirement System;    (B) The public employer whose employees are circuit court judges, judges of the Court of Appeals, and justices of the Supreme Court, whether elected or appointed to office, covered under the Arkansas Judicial Retirement System;  (C) The public employer whose employees are district court judges, whether elected or appointed to office, covered under the Arkansas Public Employees' Retirement System; or  (D) A public employer who is:  (i) A college, university, or the Division of Higher Education whose employees are covered by an alternate retirement plan provided for under § 24-7-801 et seq.; or  (ii) A vocational-technical school or the Division of Career and Technical Education, the Adult Education Section, and the Office of Skills Development, whose employees are covered by an alternate retirement plan provided for under § 24-7-901 et seq.
AR Code § 24-2-403 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 4 - Reciprocal Service Credits|§ 24-2-403. Date of annuity payment

 (a) The date a member's annuity, if any, becomes payable by each reciprocal system shall be determined by those provisions in force for each reciprocal system.  (b) In no case shall any annuity become payable nor be paid prior to the date the member retires from, and ceases to be, in the employ of an employer covered by a reciprocal system as defined in § 24-2-401(3).
AR Code § 24-2-404 (2020)
2020 Arkansas Code|Title 24 - Retirement And Pensions|Chapter 2 - Public Employee Retirement Plans Generally|Subchapter 4 - Reciprocal Service Credits|§ 24-2-404. Disbursement of annuities

 (a) The boards of trustees of the reciprocal systems may enter into an agreement whereby the reciprocal system from which a member retires shall be the disbursing system for his or her annuities payable, as provided in this subchapter, by the other reciprocal systems.  (b) The agreement shall provide, but shall not be limited to, the manner and frequency with which the disbursing system shall be reimbursed for the annuities payable by the other reciprocal systems.  (c) Except for provisions of this section regarding the deferred retirement option plan under § 24-7-1301 et seq. for the Arkansas Teacher Retirement System, the provisions of this section shall not apply to retirants in the Arkansas Teacher Retirement System.