- (a) All local plans that have not consolidated with the Arkansas Local Police and Fire Retirement System are required to file an annual financial report with the Arkansas Fire and Police Pension Review Board.
- (b) The requirements for the annual filing are described in 24 CAR § 20-301 et seq.
- (c) A local plan and the sponsoring location, as described in 24 CAR § 20-1201 et seq., shall have their premium tax turnback withheld and risk forfeiture if the local plan fails to comply with the reporting requirements.