The bill proposes to amend the Arkansas Code to increase the maximum number of years that active state police officers can participate in both the Arkansas State Police Officers Deferred Option Plan and the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan. Specifically, the current limit of seven years for participation in both plans will be increased to ten years.

This change is reflected in two sections of the Arkansas Code: Section 24-6-306(a) and Section 24-6-507(a). In both sections, the language specifying the maximum duration of participation is amended to replace "seven (7)" with "ten (10)" years, thereby allowing officers greater flexibility in their retirement planning.

Statutes affected:
HB 1328: 24-6-306(a), 24-6-507(a)