SB174
To Amend The Law Concerning Benefits Under The Arkansas Public Employees' Retirement System.
Last Action (Jan. 26, 2023): Sine Die adjournment
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AI-Generated Summary
Senate Bill 174 is a placeholder bill introduced during the 2023 Arkansas Regular Session. Its stated purpose is to amend existing laws regarding benefits provided under the Arkansas Public Employees' Retirement System (APERS). The bill text as introduced does not contain specific substantive amendments to the retirement system's statutes. It acts as a legislative vehicle that may be populated with specific policy changes through future amendments.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries are not defined at this stage, as the bill does not contain specific policy changes. If amended to increase benefit levels, current and future members of the Arkansas Public Employees' Retirement System would potentially benefit.
Who Might Suffer?
There are no entities negatively impacted at this stage, as the bill lacks specific provisions. If the bill is eventually amended to increase contribution requirements or adjust funding mechanisms for the pension system, current state employees, participating public agencies, or the state budget could be negatively affected.
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