1686RESOLUTION NO. ~ b1`3~o
A RESOLUTION IN SUPPORT OF SENATE BILL 144 ENTITLED "AN ACT
TO AMEND ARKANSAS CODE 24-8-307 TO PROVIDE FOR ELIGIBILITY
OF CERTAIN MUNICIPAL JUDGES FOR RETIREMENT BENEFITS UNDER
A MUNICIPAL JUDGE'S RETIREMENT SYSTEM; AND FOR OTHER
PURPOSES".
WHEREAS, Senate Bill 144 is presently pending in the 83rd General Assembly of the State of
Arkansas and has been referred to the Joint Committee on Public Retirement and Social Security
Programs (the "Committee'); and
WHEREAS, the rules of the Committee require that Senate Bill 144 not be reported from the
Committee unless the governing body of the affected municipality shall notify the Committee in writing
indicating its awareness of the bill, its recommendation for the adoption of the bill, and its willingness to
assume any additional tinancial obligations created thereby;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WEST MEMPHIS, ARKANSAS, THAT:
SECTION 1. The City Council of the City of West Memphis hereby certifies to the Joint
Committee on Public Retirement and Social Security Programs that it is aware of Senate Bill 144
and its provisions;
SECTION 2. The City Council of the City of West Memphis further certifies that it
recommends the adoption of Senate Bill 144 and that the City of West Memphis is willing to
assume any additional tinancial obligations to be created thereby.
SECTION 3. Upon the adoption of this resolution, the City Clerk is directed to forward
a copy of this resolution to the Joint Committee on Public Retirement and Social Security
Programs.
r
ADOPTED this ~ 57 day of (~1 ~~ C ~, , 2001.
WILLIAM H. JOHNS AYOR
ATTEST:
PHILLIP ,CITY CLERK
SPONSORED BY
-~ ECEiVE
CITY CLERKS OFFICE
DATE_.c~ / , , , _ ,
_,~CM ~.~Zf 9. <d'~
Stricken language would he deleted from and underlined language would he added to the law as it existed
prior to this session of the General Assembly.
1 State of Arkansas
2 83rd General Assembly ~ B111
3 Regular Session. 2001 SENATE BILL 144
4
5 By: Senator Everett
6
7
8 For An Act To Be Entitled
9 AN ACT TO AMEND ARKANSAS CODE 24-8-307 TO PROVIDE FOR
10 ELI GI BI LI TY OF CERTAIN MUNI CI PAL JUDGES FOR RETI REMENT
11 BENEFITS UNDER A MUNI CI PAL JUDGE'S RETI REMENT SYSTEM;
12 AND FOR OTHER PURPOSES.
13
14 Subtitle
15 TO MAKE CERTAIN MUNI CI PAL JUDGES
16 ELI GI BLE FOR RETI REMENT BENEFITS UNDER A
17 MUNI CI PAL JUDGE'S RETI REMENT SYSTEM.
18
19
20 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
21
22 SECTI ON 1. Arkansas Code 24-8-307(f), concerni ng the el i gi bi I i ty of
23 certain muni ci pal judges for reti rement benefi ts, i s amended to read as
24 fol I ows:
25 (f) (1) Upon the approval of a maj on ty of the ci ty council or board of
26 di rectors of a ci ty of the fi rst cl ass or a ci ty of the second cl ass and the
27 approval of the quorum court of the county, any person who, ei ther, at age
28 fi fty-fi ve (55) has si xteen (16) years of servi ce, wi th not I ess than ei ght
29 (8) years as muni ci pal judge and at I east fi ve (5) years as a deputy
30 prosecuting attorney and three (3) years with any state agency for a total of
31 sixteen (16) years, or at aqe fifty (50) has at least ten (10) years service
32 as muni ci pal I udge and at I east ten (10) years servi ce as a i uveni I e referee
33 for a total of twenty (20) years servi ce, shal I be el i gi bl e to recei ve
34 yeti rement benefi is provi ded by this subchapter.
35 (2) I f the j udge resi gns, reti res from offi ce, or i s succeeded i n
36 offi ce by another j udge, he shat I recei ve reti rement benefi is for and duri ng
* ZTJF 3 5 6 * 01 092001 01 54. VJF356
' SB1-t-1
1 the remai nder of his natural I i fe i n an amount equal to one-half (1 /2) of the
2 sal ary payable to him at the ti me of his resi gnati on, reti rement, or
3 successi on i n offi ce.
4 (3) I f i ncapaci tati ng i I I Hess or di sabi I i ty should occur duri ng
5 the fi Hal term for qual i fi cati on under these provi si ons, then the j udge so
6 el ected shat I be el i gi bl a to reti re at one-half (1/2) pay as provi ded i n thi s
7 secti on.
g (4) I n addi ti on thereto, the survi vi ng wi dow of the qual i fyi ng
9 judge shat I be enti tl ed to the benefi is provi ded i n this subchapter unti I her
10 death or remarri age.
11
12 SECTI ON 2. [THE ARKANSAS CODE REVI SI ON COMMI SSI ON I S NOT REQUI RED TO
13 CODI FY THIS SECTI ON. ] No benefit enhancement provi ded for by this act shal I
14 be i mpl emented i f i t would cause the publicly supported reti rement system' s
15 unfunded actuari al accrued I i abi I i ti es to exceed a thi rty (30) year
16 amorti zati on No benefit enhancement provi ded for by this act shat I be
17 i mpl emented by any publicly supported system whi ch has unfunded actuari al
18 accrued I i abi I i ti es bei nq amorti zed over a peri od exceedi nq thi rty (30) years
19 unti I the unfunded actuari al accrued I i abi I i ty i s reduced to a I evel I ess than
20 the standards prescri bed by Arkansas Code, Ti tl e 24.
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
2 010920010154.VJF356
~ «••~ y
`• t•t ~i
o •
CI'T'Y Off' W~c~'T M~MpI~Ic~
City Clerks Office
205 S. Redding • P.O. Box 1728 • West Memphis, Arkansas 72303 • (870) 732-7510 • Fax (870) 732-7504
email: cityclrkrelixlmemphis
March 2, 2001
RE: SB144 Everett TO MAKE CERTAIN MUNICIPAL JUDGES ELIGIBLE
FOR RETIREMENT BENEFITS UNDER A MUNICIPAL
JUDGE'S RETIREMENT SYSTEM
The Honorable Senator Gary Hunter, Co-chairman
The Honorable Representative Roger Smith, Co-chairman
Arkansas General Assembly
Joint Committee on Public Retirement and Social Security Programs
State Capitol, Room 315
Little Rock, Arkansas 7220]
Dear Committee,
Per Committee Rules, enclosed is a copy of Resolution 1686, a Resolution in support of Senate Bill 144
entitled "An Act to amend Arkansas Code 24-8-307 to provide for eligibility of certain Municipal Judges
for retirement benefits under a Municipal Judge's retirement system adopted by the West Memphis City
Council on March 1, 2001 by unanimous vote.
If any additional information is necessary, or if I may be of further assistance, please let me know.
Sincerely,
C 0
Cindy Greenwood, CMC
Senior Deputy City Clerk
Encl.
M Equal Opportunity Employer