1. (a)

   1. (1) The procedure for establishing annual staff pay shall follow the budget and expense allocation procedure approved annually by both the Arkansas Fire and Police Pension Review Board and the Board of Trustees of the Arkansas Local Police and Fire Retirement System.
   2. (2) The Executive Director of the Arkansas Fire and Police Pension Review Board drafts a proposed budget after consulting the approved salary range for each staff position, including the application of any applicable career service award.

   3. (3) Any proposed cost of living adjustment by the executive director shall:

      1. (A) Apply to all staff pay; and
      2. (B) Be calculated in accordance with the budget and expense allocation procedure.

   4. (4)

      1. (A) The ASC reviews the proposed budget including consulting with the executive director.
      2. (B) Eventually, the ASC renders a decision and reports their position to the executive director.
      3. (C) The executive director includes the ASC’s approved amounts in the budget submitted to both the Arkansas Fire and Police Pension Review Board and the Board of Trustees of the Arkansas Local Police and Fire Retirement System.

2. (b) Executive director.

   1. (1)

      1. (A) The ASC reviews the executive director’s performance and then arrives at a pay amount for the coming year.
      2. (B) If it wishes, the ASC may discuss these matters with the executive director.

   2. (2)

      1. (A) The ASC presents its findings to the executive director.
      2. (B) This should be done at least one (1) month before the executive director’s anniversary date of hire.
   3. (3) The executive director includes the ASC’s decision on the next meeting agenda for the Arkansas Fire and Police Pension Review Board and the Board of Trustees of the Arkansas Local Police and Fire Retirement System.
   4. (4) Both the Arkansas Fire and Police Pension Review Board and the Board of Trustees of the Arkansas Local Police and Fire Retirement System shall review the decision at their next meeting.

Codification Notes: “ASC” means Administrative Services Committee.