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AR HB1188
Bill
Status
5/5/2025
Primary Sponsor
Deann Vaught
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AI Summary
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Amends retirement eligibility for noncontributory members of the Arkansas Public Employees' Retirement System who are public safety employees or sheriffs
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Creates a phased reduction in years of credited service required for retirement: 27 years if retiring in 2026, 26 years if retiring in 2027, and 25 years if retiring January 1, 2028 or later
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Maintains existing age-based retirement calculation: age 65 reduced by one month for each two months of credited service, with a minimum retirement age of 55
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Sheriffs with 10 years of actual service (or 8 years plus 2 years in another state retirement system) retain a lower minimum retirement age of 52
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Affects multiple retirement systems including Arkansas Local Police and Fire Retirement System, State Police Retirement System, and Arkansas State Highway Employees' Retirement System
Legislative Description
To Amend Retirement Eligibility Requirements Under Various Public Retirement Systems Of The State Of Arkansas For Certain Police Officers, Firefighters, Public Safety Members, And Sheriffs.
Last Action
Died in House Committee at Sine Die adjournment.
5/5/2025