This bill aims to amend existing laws related to the contributions made by members of various state retirement systems and the Arkansas Public Employee Retirement Plan. The new legal language clarifies the purpose of the act, emphasizing the focus on updating the regulations governing these contributions.

The bill seeks to ensure that the contributions of members are aligned with current standards and practices within the state's retirement systems. By making these amendments, the legislation intends to enhance the effectiveness and sustainability of the retirement plans for public employees in Arkansas.