This bill aims to amend the existing laws related to the administration of the Arkansas State Highway Employees' Retirement System. The new legal language inserted into the current law clarifies the purpose of the act, emphasizing its focus on improving the administration of the retirement system for highway employees in Arkansas.
The amendments are intended to enhance the governance and operational efficiency of the retirement system, ensuring that it meets the needs of its members and adheres to best practices in retirement administration. The bill reflects a commitment to the welfare of highway employees and aims to provide a more structured framework for their retirement benefits.