This bill aims to amend the existing laws related to credited service within the Arkansas Local Police and Fire Retirement System. The primary focus is to clarify and update the provisions governing how credited service is calculated and recognized for members of the retirement system.
The new legal language inserted into the current law emphasizes the purpose of the act, specifically stating that it is intended to amend the law concerning credited service under the Arkansas Local Police and Fire Retirement System. This amendment seeks to enhance the clarity and effectiveness of the retirement system for local police and fire personnel in Arkansas.