The bill aims to amend existing laws related to credited service within the Arkansas Public Employees' Retirement System. It seeks to clarify and update the provisions governing how credited service is calculated and recognized for public employees in Arkansas.

Specifically, the new legal language inserted into the current law emphasizes the purpose of the act, which is to enhance the understanding and application of credited service under the retirement system. This amendment is intended to ensure that public employees receive appropriate recognition for their service, thereby potentially impacting their retirement benefits.