This bill aims to amend existing laws related to credited service within the Arkansas Teacher Retirement System. The primary focus is to clarify and update the provisions governing how credited service is calculated and recognized for teachers participating in 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. This change is designed to enhance the understanding and application of credited service for educators, ensuring that the retirement benefits are accurately reflective of their service time.