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Board adopts ordinance to consolidate police pension administration with state system

Board of Directors, City of Texarkana, Arkansas · July 21, 2025
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Summary

The board approved transferring administration of the Texarkana Police and Relief Fund to the Arkansas Local Police & Fire Retirement System; staff said the move requires a 3% COLA for existing members, should not raise employer contributions beyond current city funding, and must meet an October 31 deadline for paperwork.

The Board of Directors voted to transfer administration of the Texarkana Police and Relief Fund to the Arkansas Local Police & Fire Retirement System (LOPF). Staff said the consolidation is intended to stabilize benefits administration and relieve city staff of day-to-day reporting and paperwork.

David Clark, identified in the…

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