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AR HB1119
Bill
Status
N/A
Primary Sponsor
Tracy Pennartz
Click for details
AI Summary
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Prevents state employees convicted of theft of property against their employer from receiving retirement benefits for months when the theft occurred, effective July 1, 2011.
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Requires recalculation of annuities based on employer contributions to exclude months in which theft against the employer took place under Arkansas Code § 5-36-103.
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Applies to members, retirants, or beneficiaries who have pleaded guilty, pleaded nolo contendere, or been found guilty of theft of property against the employer.
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Amends six separate sections of Arkansas Code (Chapters 4, 5, 6, 7, and 10) to incorporate identical loss-of-benefits provisions across multiple state retirement systems.
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Declares an emergency effective July 1, 2011, stating that convicted employees should not profit from their crimes.
Legislative Description
To Prevent State Employees Convicted Of Theft Of Property Against The Employer From Drawing State Retirement Benefits Based On The Months In Which The Theft Occurred And To Declare An Emergency.
Last Action
House Recommended for study in the Interim by Joint Interim Committee on PUBLIC RETIREMENT & SOCIAL SECURITY PROGRAMS-JOINT
3/22/2011