AR
Arkansas House Bill HB1334

Arkansas 2025 Regular Session

Arkansas House Bill HB1334

Introduced
1/30/25  
Refer
1/30/25  

Caption

To Amend The Law Under Title 24, Chapter 4, Subchapter 2 Of The Arkansas Code Regarding Delinquent Employer And Employee Contributions To The Arkansas Public Employees' Retirement System By A Local Government Participating Employer.

Impact

If enacted, HB 1334 would modify Title 24, Chapter 4, Subchapter 2 of the Arkansas Code, which deals with the regulations governing local government employers and their responsibilities related to retirement contributions. The proposed amendments could lead to strengthened oversight of delinquent contributions, potentially resulting in increased compliance among local government entities. This is particularly notable given the historical challenges that have arisen due to unpaid contributions, affecting the long-term viability of retirement funds for public employees in Arkansas.

Summary

House Bill 1334 aims to amend the existing laws related to delinquent employer and employee contributions to the Arkansas Public Employees' Retirement System (APERS) by local government participating employers. The bill seeks to address the collection process and ensure that both employers and employees are fulfilling their contribution obligations. This change is intended to streamline the procedures for the collection of delinquent contributions, thereby reinforcing the financial integrity of the retirement system. The underlying goal is to provide better fiscal management and sustainability for the retirement benefits of Arkansas public employees.

Contention

The bill may face contention from local government employers who may argue that the increased focus on delinquency and collection could strain their financial resources. Additionally, there may be concerns regarding the balancing act between enforcing compliance and allowing adequate time for local employers to address their financial obligations. Stakeholders might also debate whether the new measures adequately consider the financial realities faced by local governments, especially during times of economic hardship.

Companion Bills

No companion bills found.

Previously Filed As

AR HB1193

To Amend Titles Of Members Of The Board Of Trustees Of The Arkansas State Highway Employees' Retirement System; And To Amend The Laws Regarding Survivor Benefits Under The Arkansas State Highway Employees' Retirement System.

AR SB163

To Allow A Public Library System Formed Under The Interlocal Cooperation Act To Become A Participating Public Employer And For Its Employees To Become Members Of The Arkansas Public Employees' Retirement System.

AR SB174

To Amend The Law Concerning Benefits Under The Arkansas Public Employees' Retirement System.

AR HB1451

Regarding Employment; And To Require Employers To Provide Unpaid Leave On Veterans Day To Veteran Employees.

AR SB126

To Amend The Arkansas Public Employees’ Retirement System Plan Regarding Survivor Benefits; And To Declare An Emergency.

AR SB164

To Amend The Law Concerning Credited Service Under The Arkansas Public Employees' Retirement System.

AR SB175

To Amend The Law Concerning The Contributions Of Members Under The Various State Retirement Systems And Arkansas Public Employee Retirement Plans.

AR SB160

To Amend The Law Concerning Benefits Under The Arkansas State Highway Employees' Retirement System.

AR SB168

To Amend The Law Concerning Credited Service Under The Arkansas State Highway Employees' Retirement System.

AR SB127

To Amend And Update Language For The Proper Administration Of The Arkansas Public Employees' Retirement System; And To Declare An Emergency.

Similar Bills

No similar bills found.