The bill aims to amend existing laws related to credited service within the Arkansas Teacher Retirement System. It seeks to clarify and update the provisions governing how credited service is calculated and recognized for teachers participating in the retirement system.
Specifically, the new legal language inserted into the current law emphasizes the purpose of the act, which is to enhance the understanding and application of credited service for educators. This amendment is intended to ensure that teachers receive appropriate recognition for their service, thereby potentially impacting their retirement benefits.