This bill aims to amend the existing laws related to credited service within the Arkansas Public Employees' Retirement System. The primary purpose of the act is to clarify and update the regulations governing how credited service is calculated and recognized for public employees in Arkansas.
The new legal language inserted into the current law emphasizes the intent to refine the provisions surrounding credited service, ensuring that the rules are clear and effectively serve the needs of public employees. This amendment is part of a broader effort to enhance the retirement system for Arkansas public employees.