The bill amends the Arkansas Code concerning the effective date of benefits paid to survivors of deceased members, former members, and retirants under the Arkansas Judicial Retirement System. It introduces new sections, specifically 24-8-229 and 24-8-718, which establish that the effective date for monthly benefits payable to survivors is the first day of the calendar month following the month in which the member or retiree died. This applies regardless of when the survivor submits their application for the benefits.
By clarifying the effective date of benefits, the bill aims to streamline the process for survivors receiving financial support after the loss of a member or retiree. The changes ensure that survivors will receive their benefits promptly, starting from the month after the member's death, thereby providing a more consistent and predictable timeline for benefit payments.