The bill aims to amend existing laws related to benefits under the Arkansas Public Employees' Retirement System. It introduces new legal language that clarifies the purpose of the act, specifically stating that it is intended to update and improve the regulations governing retirement benefits for public employees in Arkansas.
The amendments are designed to enhance the overall structure and effectiveness of the retirement system, ensuring that it meets the needs of current and future public employees. By making these changes, the bill seeks to provide clearer guidelines and potentially improve the benefits available to those who serve in public roles within the state.
Statutes affected: Old version SB157 V2 - 3-31-2025 10:38 AM: 24-5-116
Old version SB157 V3 - 4-2-2025 11:47 AM: 24-5-116
Old version SB157 V4 - 4-7-2025 09:41 PM: 24-5-116