The bill aims to amend existing laws related to credited service within the Arkansas Public Employees' Retirement System. It introduces new legal language that clarifies the purpose of the act, specifically stating that it is intended to address and update the regulations surrounding credited service for public employees in Arkansas.

By enacting this legislation, the General Assembly seeks to ensure that the provisions governing credited service are current and effectively serve the needs of public employees. The amendments are part of a broader effort to enhance the retirement system and provide better support for those who have dedicated their careers to public service in the state.