SB163
To Amend The Law Concerning Administration Of The State Police Retirement System.
Last Action (May 5, 2025): Died in Senate Committee at Sine Die adjournment.
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AI-Generated Summary
Senate Bill 163 is a legislative act introduced in the 95th General Assembly of Arkansas to amend existing laws governing the administration of the State Police Retirement System. The bill serves as a placeholder or framework bill for future substantive amendments to the retirement system's administrative procedures. As written, the text does not detail specific changes to benefits, funding, or eligibility, but identifies the general purpose of updating the governance of the retirement program. The bill establishes the intent to address the legal framework of the system responsible for state police pensions.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries would be the members of the Arkansas State Police Retirement System, including current and retired state troopers, as administrative updates could potentially improve the efficiency, management, and long-term stability of the retirement fund.
Who Might Suffer?
There are no immediately identifiable groups or entities negatively impacted by the text provided, as the bill currently functions as a general administrative amendment. Potential impacts would only be determined once specific changes to the retirement system's rules, funding, or management structure are introduced through subsequent amendments.
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