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Committee approves bill to let small port authority employees join APERS
Summary
House Bill 1068 would make certain metropolitan port authority employees eligible for the Arkansas Public Employees Retirement System (APERS); the committee voted to pass the bill after staff and the actuary said the change has no adverse fiscal impact on APERS.
The committee voted to pass House Bill 1068, which would permit employees of metropolitan port authorities operating on the Mississippi River to participate in the Arkansas Public Employees Retirement System (APERS).
Representative McElroy presented the bill and told the committee the fiscal note indicates the change "would have no adverse fiscal impact on APERS." He said the bill would make "10 or less Metropolitan Port Authority employees" eligible for the APERS system. "These were just hardworking people that work on the Mississippi…
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