This bill amends the Arkansas Public Employees' Retirement System to include employees of metropolitan port authorities as members. Specifically, it modifies the definitions of "nonstate employees" and "participating public employer" to incorporate metropolitan port authority employees. The bill adds metropolitan port authority to the list of entities whose employees are eligible for membership in the retirement system, thereby expanding the benefits available to these workers.
Additionally, the bill introduces a new definition for "metropolitan port authority," specifying it as an authority created under the Metropolitan Port Authority Act of 1961. This inclusion aims to ensure that employees of metropolitan port authorities receive the same retirement benefits as other public employees in Arkansas, promoting equity and support for those working in these critical infrastructure roles.
Statutes affected: Old version HB1068 V2 - 3-5-2025 10:26 AM: 24-4-101(28), 24-4-101(30), 03-05-2025
Old version HB1068 Original - 12-17-2024 08:45 AM: 24-4-101(28), 24-4-101(30)
HB 1068: 24-4-101(28), 24-4-101(30)
Act 311: 24-4-101(28), 24-4-101(30), 03-05-2025