The bill proposes an appropriation for the Arkansas Public Employees Retirement System (APERS) for the fiscal year ending June 30, 2026. It establishes a maximum number of regular employees, totaling 78, with specified positions and salary grades. The bill outlines the total appropriated amount for various categories, including regular salaries, extra help, personal services matching, and operating expenses, amounting to $142,735,572. Additionally, it includes appropriations for benefits and refunds for both the State Police and Judicial Retirement Systems, with specific amounts allocated for each.
Key insertions in the bill include the fiscal year designation of 2025-2026, the addition of $7,000,000 for data processing services, and the total appropriated amount for benefits and refunds for the State Police and Judicial Retirement Systems. The bill also includes provisions for transferring funds from the Judicial and State Police Retirement Funds to cover costs incurred by APERS in administering these systems. An emergency clause is included, stating the necessity for the act to take effect on July 1, 2025, to ensure the proper administration of essential governmental programs.