This bill aims to amend the Arkansas Code under Title 24, Chapter 4, Subchapter 2, specifically addressing issues related to delinquent employer and employee contributions to the Arkansas Public Employees' Retirement System by local government participating employers. The new legal language inserted into the current law clarifies the purpose of the act, emphasizing the need to address delinquency and collection processes for these contributions.

The amendments are intended to enhance the management and enforcement of contributions owed to the retirement system, ensuring that local government employers comply with their financial obligations. By updating the legal framework, the bill seeks to improve the overall efficiency and effectiveness of the retirement system's funding mechanisms.