Committee approves bill adding two ex‑officio APERS board members and formalizing ADFA participation

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 State Banking Commissioner—bringing the board to 15 members, and it codifies ADFA’s ability to participate in APERS.