Loading chat...
AR SB151
Bill
Status
5/5/2025
Primary Sponsor
Mark Johnson
Click for details
AI Summary
-
Members or retirants forfeit retirement benefit payments if convicted of a "public trust crime" (as defined in Arkansas Constitution, Article 5, § 9) while holding elected public office in Arkansas
-
Beneficiaries forfeit benefits if convicted of unlawfully killing the member/retirant, convicted of a public trust crime while holding public office, or found civilly liable for the wrongful death of the member/retirant
-
Forfeited individuals receive a refund of their employee contributions plus interest, either as a lump sum or monthly payments, but lose all employer-funded benefits
-
Benefit payments are suspended during appeals; if conviction is reversed, benefits may resume upon repayment of contributions with interest to the system
-
Applies only prospectively to members who begin making employee contributions after the effective date, not to current retirement system participants
Legislative Description
To Amend Law Concerning Retirement Benefits; And To Prohibit Collection Of Benefits By Members, Retirants, Or Beneficiaries Of Retirement Systems Who Have Been Convicted Of Certain Offenses.
Last Action
Died in Senate Committee at Sine Die adjournment.
5/5/2025