The bill aims to make technical corrections to Title 24 of the Arkansas Code, which pertains to retirement and pensions. Notable amendments include the formal naming of the position of the executive director of the Arkansas Public Employees Retirement System, changing the title from "executive director" to "Executive Director of the Arkansas Public Employees Retirement System." Additionally, the bill repeals an obsolete requirement for the pension board to adopt certain rules by May 1, 2004, and it also repeals a section regarding vacation pay for police department employees, as it is already codified elsewhere.

Furthermore, the bill clarifies the legislative intent, ensuring that its enactment does not repeal any acts passed during the regular session of the Ninety-Fifth General Assembly. It establishes that in the event of a conflict between this act and any prior legislation, the latter will take precedence, and it emphasizes that the changes made are purely technical and do not alter the substantive law.

Statutes affected:
HB 1362: 24-4-104(d), 24-10-107(b)