The bill aims to amend the existing laws related to the administration of the Arkansas State Highway Employees' Retirement System. It introduces new legal language that clarifies the purpose of the act, specifically stating that it is intended to enhance the administration of this retirement system.
By updating the legal framework, the bill seeks to ensure that the Arkansas State Highway Employees' Retirement System operates more effectively and efficiently. The amendments are designed to improve the overall management and governance of the retirement system for highway employees in Arkansas.