ArkansasHB11542025 Regular SessionHouseWALLET

TO ENACT THE ARKANSAS TEACHER RETIREMENT SYSTEM'S GENERAL OMNIBUS; AND TO DECLARE AN EMERGENCY.

Sponsored By: Kim Hammer (Republican), Les Warren (Republican)

Enacted

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Bill Overview

Analyzed Economic Effects

5 provisions identified: 2 benefits, 2 costs, 1 mixed.

New survivor benefits for teachers’ families

Beginning July 1, 2025, surviving-spouse eligibility covers members with at least 25 credited service years and retirement eligibility under § 24-7-701 or § 24-7-702. When multiple dependent children are named Option B beneficiaries and no spouse is named, they equally share half the retiree’s reduced annuity. Eligible residue beneficiaries must have their Option A election form received by the system by the fourth full calendar month’s end after death, replacing the 120-day deadline. The law also removes the survivor-payment date rule and the rule sending residue to the last deceased beneficiary’s estate when all beneficiaries died before the retiree. The supplied text does not identify replacement rules or resulting payment changes for those repeals.

More workers can join employer plans

Beginning July 1, 2025, new employees can join their employer’s PSHE plan when the employer finds them benefits-eligible. They must be vested Arkansas Teacher Retirement System members at hiring, or nonvested members meeting the employer’s less restrictive plan requirements. Employees must sign the system’s participation form, which makes their choice permanent. The change opens access to eligible nonvested members. The supplied text does not state plan benefits or costs.

Job changes required teacher retirement contributions

The law sets a contribution-status rule for July 1, 2021, through June 30, 2025. Active Arkansas Teacher Retirement System members became contributing members after changing from nonteacher jobs to teacher or administrator jobs. Their contracts had to cover at least 185 days. This applied even when members had previously chosen not to contribute. The supplied text does not state contribution amounts.

New price rule for federal service credit

Beginning July 1, 2025, Arkansas Teacher Retirement System members receive federal service credit after making the required payment. Members must pay the actuarial value of their benefits and meet the Board of Trustees’ additional requirements. This replaces the former “cost of service” payment standard. The law does not state the payment amount or whether it rises or falls.

Employers lose paper contribution reporting waivers

Beginning July 1, 2025, participating employers lose the temporary waiver from electronic retirement contribution reporting and payment. The law removes the waiver request process and its deadlines. This affects Arkansas Teacher Retirement System employer procedures, not any stated household benefit or contribution amount.

Sponsors & Cosponsors

Sponsors

  • Kim Hammer

    Republican • Senate

  • Les Warren

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 125 • No: 0

Senate vote • 2/24/2025

Senate Vote - Monday, February 24, 2025 2:30:00 PM

Yes: 32 • No: 0

House vote • 2/19/2025

House Vote - Wednesday, February 19, 2025 2:03:15 PM

Yes: 93 • No: 0

Actions Timeline

  1. Notification that HB1154 is now Act 222

    2/27/2025House
  2. Correctly enrolled and ordered transmitted to the Governor's Office.

    2/24/2025House
  3. TO BE ENROLLED

    2/24/2025House
  4. Returned from the Senate as passed.

    2/24/2025House
  5. Returned to the House as passed.

    2/24/2025Senate
  6. EMERGENCY CLAUSE ADOPTED

    2/24/2025Senate
  7. Read the third time and passed.

    2/24/2025Senate
  8. Read the first time, rules suspended, read the second time and placed on the calendar.

    2/19/2025Senate
  9. Received from the House.

    2/19/2025Senate
  10. EMERGENCY CLAUSE ADOPTED

    2/19/2025House
  11. Read the third time and passed and ordered transmitted to the Senate.

    2/19/2025House
  12. Returned by the Committee Do Pass

    2/18/2025House
  13. Read the first time, rules suspended, read the second time and referred to the Committee on PUBLIC RETIREMENT & SOCIAL SECURITY PROGRAMS-JOINT

    1/16/2025House
  14. Filed

    1/16/2025House

Bill Text

  • HB1154 - Introduced

    1/16/2025

  • Act Version

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