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AR SB148
Bill
Status
4/14/2025
Primary Sponsor
Jane English
Click for details
AI Summary
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Early childhood workers at licensed childcare facilities may voluntarily participate in the Arkansas Teacher Retirement System through a board-approved nonprofit fiscal agent acting as a pass-through
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Eligible workers must be employed by childcare providers that are licensed by the Department of Education and receive state or federal childcare funding under § 6-87-101
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Participation is entirely voluntary and not mandatory for any employee, even if the Board of Trustees authorizes facility participation
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Early childhood workers are explicitly prohibited from receiving any state fund contributions or matching funds from the state or the retirement system
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The Board of Trustees of the Arkansas Teacher Retirement System is required to promulgate rules for implementation
Legislative Description
To Establish The Creating An Investment Opportunity For Early Childhood Workers Act Of 2025.
Last Action
Notification that SB148 is now Act 587
4/14/2025