Bill > HB1243

This bill amends retirement eligibility requirements under various public retirement systems in Arkansas for certain police officers, firefighters, public safety members, and sheriffs. Key provisions include: - Reducing the normal retirement age for noncontributory members of the Arkansas Public Employees' Retirement System who are public safety employees or sheriffs, allowing them to retire at age 55 or after 25-27 years of service depending on the year. - Defining "police officer" under the Arkansas State Highway Employees' Retirement System and allowing police officers to retire after 25-27 years of service regardless of age. - Reducing the years of service required for voluntary retirement under the State Police Retirement System and the Arkansas State Police Officers' Tier Two Deferred Retirement Option Plan from 28 years to 25-27 years depending on the year. - Amending the normal retirement age and years of service requirements for the Arkansas Local Police and Fire Retirement System to align with the changes in other retirement systems. The bill aims to provide more flexible retirement options for certain public safety personnel in Arkansas.

Labor and Employment

https://www.arkleg.state.ar.us/Bills/Detail?id=hb1243&ddBienniumSession=2023%2F2023R