Ark. Code § 24-12-112

Current with legislation from 2024 Fiscal and Special Sessions.
Section 24-12-112 - Proration upon insufficiency of fund

If at any time there should not be sufficient money in the pension and relief fund for paid nonuniformed employees to pay each person a full amount to which he or she may be entitled, the beneficiaries shall be paid by prorating the fund available among them in accordance with the respective benefits being received by them under this act.

Ark. Code § 24-12-112

Acts 1949, No. 147, § 11; A.S.A. 1947, § 19-932.