This bill aims to amend existing laws related to the age and years of service requirements for various state retirement systems and Arkansas public employee retirement plans. The new legal language clarifies the purpose of the act, emphasizing the need to update these requirements to better reflect current standards and practices.
The amendments are intended to ensure that the retirement systems remain relevant and equitable for public employees in Arkansas. By addressing the age and service criteria, the bill seeks to enhance the overall effectiveness and accessibility of retirement benefits for state employees.