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Committee approves bill adding two ex‑officio APERS board members and formalizing ADFA participation
2837502 · April 1, 2025
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Summary
Senate Bill 160 passed committee. It adds two positions—the secretary of the Department of Shared Administrative Services and the state banking commissioner—to the Arkansas Public Employees Retirement System (APERS) board and codifies Arkansas Development Finance Authority (ADFA) participation in APERS.
Senate Bill 160 cleared committee after sponsors explained two technical changes to the Arkansas Public Employees Retirement System. The measure adds two board members tied to system activities—the Secretary of the Department of Shared Administrative Services and the…
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