24 CAR § 20-602 – Employer contributions

(a) From 1985 forward, employers are required to match all employee contributions.
(b) If staff determines that an employer is not making the required contributions, staff shall notify the chief executive of the employer group by certified mail that the contributions are required.
(c) The employer shall respond in writing within eight (8) weeks to notify the Arkansas Fire and Police Pension Review Board that the required contributions are being made.
(d) If the employer does not respond or refuses to make the required contributions, the board shall:
1. (1) Notify the Arkansas Legislative Audit of the noncompliance; and
2. (2) Request an audit exception in the next regular audit of the employer’s accounts.
(e) Staff determinations regarding employer contributions shall be made from the annual financial disclosure reports submitted by the local plan.
(f)
1. (1) If an employer disagrees with staff findings regarding employer contributions, the employer may request in writing a hearing before the board.
2. (2) The board shall schedule the hearing at their next regular meeting, but may schedule the hearing for a future meeting if so requested by the affected party.