Ark. Code § 24-1-104

Current with legislation from 2024 Fiscal and Special Sessions.

Section 24-1-104 - Liabilities not to exceed thirty-year amortization

No legislated benefit enhancement shall be enacted which would cause the system's unfunded accrued actuarial liabilities to exceed a thirty-year amortization.

Ark. Code § 24-1-104

Acts 1995, No. 613, § 2.