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AR SB217
Bill
Status
4/2/2019
Primary Sponsor
Bill Sample
Click for details
AI Summary
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Amends Arkansas Code § 24-4-804(c)(1) to correct an error in Acts 2019, No. 448, § 12 regarding the Deferred Retirement Option Plan for the Arkansas Public Employees' Retirement System
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Clarifies that when a member's participation in the Deferred Retirement Option Plan ceases, the member must separate from service as provided in § 24-4-520, unless the separation period would prevent a popularly elected official from taking or holding office
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Declares an emergency to address an error in the immediately effective Acts 2019, No. 448 that requires revision to maintain an orderly system of benefits for system members
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Establishes immediate effective date upon Governor approval, expiration of veto period without action, or override of gubernatorial veto
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Approved by Governor on April 1, 2019
Legislative Description
To Amend The Law Regarding The Arkansas Public Employees' Retirement System; And To Declare An Emergency.
Last Action
Notification that SB217 is now Act 624
4/2/2019