This bill aims to amend existing laws related to benefits under the Arkansas Teacher Retirement System. The primary purpose of the act is to update and clarify the provisions governing these benefits, ensuring they align with current needs and standards for educators in Arkansas.
The new legal language inserted into the current law explicitly states the purpose of the act, which is to enhance the framework surrounding benefits for teachers within the retirement system. This amendment reflects a commitment to improving the retirement benefits available to educators, thereby supporting their long-term financial security.