Bill
SB 155
SB 155 aimed to modernize the Arkansas State Highway Employees' Retirement System, enhancing management for highway workers' benefits but died in committee without a vote.
Bill Number: SB 155
Title: To Amend the Law Concerning Administration of the Arkansas State Highway Employees' Retirement System
Status: Died in Senate Committee at Sine Die adjournment
Introduced: January 30, 2025
Classification: Bill
Senate Bill 155 aimed to amend existing laws governing the administration of the Arkansas State Highway Employees' Retirement System (ASHERS). The intent was to update and potentially improve the management and operations of the retirement system for highway employees in Arkansas.
While the specific language of the amendments was not detailed in the provided information, the bill included provisions to:
- Delete outdated language from current statutes.
- Add new language to enhance the clarity and effectiveness of the retirement system's administration.
The exact changes proposed were not specified, but such amendments typically aim to streamline processes, improve benefits, or clarify eligibility and contribution requirements for members of the retirement system.
The primary beneficiaries of SB 155 would have been the employees of the Arkansas State Highway Department who are part of the retirement system. By amending the law, the bill sought to ensure that these employees have a well-administered retirement plan that meets their needs and reflects current best practices in retirement management.
Senate Bill 155 represented an effort to modernize the administration of the Arkansas State Highway Employees' Retirement System. Although it did not progress beyond the committee stage, the bill highlighted ongoing legislative interest in improving retirement systems for state employees.
Compiled from official sources — confirm details with the bill’s official record.
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