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AR HB1253

Bill

Official Source

Status

Prefiled

N/A

Primary Sponsor

Andrea Lea

Click for details

Origin

House of Representatives

88th General Assembly (2011 Regular)

AI Summary

  • Amends Arkansas Code § 24-12-127(a)(1) regarding retirement benefits for recorder-treasurers and city treasurers in second-class cities
  • Removes the requirement that employees obtain a vote of approval from the city governing body before retiring
  • Allows retirement after 10 years of service at age 60, or after 20 years of service regardless of age
  • Changes retirement eligibility from discretionary ("may, upon a vote of approval") to automatic upon meeting service and age requirements

Legislative Description

To Amend The Law Concerning Prior Approval Of The City Governing Body Before Certain Employees Can Receive Retirement Benefits.

Last Action

House Recommended for study in the Interim by Joint Interim Committee on PUBLIC RETIREMENT & SOCIAL SECURITY PROGRAMS-JOINT

3/25/2011

Committee Referrals

Public Retirement & Social Security Programs1/27/2011

Full Bill Text

No bill text available