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AR SB125
Bill
Status
Failed
4/27/2011
Primary Sponsor
Randy Laverty
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AI Summary
- Amends Arkansas Code to address funding mechanisms for local retirement liabilities of police and fire personnel
- Introduced by Senator Laverty during the 88th General Assembly Regular Session in 2011
- Bill establishes a new framework for how local jurisdictions fund retirement obligations for their police and fire employees
- Contains provisions for modifying existing retirement liability funding procedures in state law
Legislative Description
To Amend The Arkansas Code Regarding Funding Local Retirement Liabilities For Local Police And Fire Personnel.
Last Action
Senate Sine Die adjournment
4/27/2011
Committee Referrals
Public Retirement & Social Security Programs1/24/2011
Full Bill Text
No bill text available