Loading chat...
AR HB1156
Bill
Status
2/27/2025
Primary Sponsor
Les Warren
Click for details
AI Summary
-
Reduces the marriage duration requirement for surviving spouse eligibility for survivor annuity benefits under the Arkansas Teacher Retirement System from two years to one year immediately preceding the active member's death
-
Surviving spouses meeting the new one-year requirement receive 100% survivor annuity benefits, calculated as if the member had retired on the date of death and elected Option A
-
Declared an emergency measure to take effect July 1, 2025, aligning with the Arkansas Teacher Retirement System's fiscal year start date
-
Approved by the Governor on February 27, 2025
Legislative Description
To Amend The Law Concerning The Eligibility Of A Surviving Spouse For Survivor Annuity Benefits Under The Arkansas Teacher Retirement System; And To Declare An Emergency.
Last Action
Notification that HB1156 is now Act 224
2/27/2025