(a) A retired judge appointed by the Chief Justice of the Supreme Court as a special judge under Arkansas Constitution, Amendment 80, and the rules prescribed by the Supreme Court shall receive compensation, in addition to his or her retirement benefits, at one-half (½) the rate as fixed by law for a regularly elected circuit judge.
(b) The compensation shall be paid from the appropriation provided to the Auditor of State for special and recalled judges for the circuit courts.