All Roll Calls
Yes: 124 • No: 0
ArkansasHB11582025 Regular SessionHouseWALLET
TO AMEND THE LAW CONCERNING THE ELECTION OF A DISTRIBUTION OPTION UNDER THE TEACHER DEFERRED RETIREMENT OPTION PLAN; AND TO DECLARE AN EMERGENCY.
Sponsored By: Fredrick J. Love (Democratic), Mark Perry (Democratic)
Enacted
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Arkansas teachers can change retirement payment choices
Beginning July 1, 2025, Arkansas Teacher Deferred Retirement Option Plan members can switch to another existing payment option. Members cannot have chosen a lump-sum rollover for any account money or previously changed their payment choice. They must cancel their original choice before the end of the second full calendar month following their effective retirement date. They must also file a new payment-choice form approved by the Arkansas Teacher Retirement System by that deadline. Members must repay the system any money they are no longer entitled to receive because of the change.
Sponsors & Cosponsors
Sponsors
Fredrick J. Love
Democratic • Senate
Mark Perry
Democratic • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 2/24/2025
Senate Vote - Monday, February 24, 2025 2:37:33 PM
Yes: 32 • No: 0
House vote • 2/19/2025
House Vote - Wednesday, February 19, 2025 2:10:44 PM
Yes: 92 • No: 0 • Other: 1
Actions Timeline
Correctly enrolled and ordered transmitted to the Governor's Office.
4/10/2025HouseTO BE ENROLLED
4/10/2025HouseSenate amendment # 1 read and concurred in.
4/10/2025HouseNotification that HB1158 is now Act 226
2/27/2025HouseCorrectly enrolled and ordered transmitted to the Governor's Office.
2/24/2025HouseTO BE ENROLLED
2/24/2025HouseReturned from the Senate as passed.
2/24/2025HouseReturned to the House as passed.
2/24/2025SenateEMERGENCY CLAUSE ADOPTED
2/24/2025SenateRead the third time and passed.
2/24/2025SenateRead the first time, rules suspended, read the second time and placed on the calendar.
2/19/2025SenateReceived from the House.
2/19/2025SenateEMERGENCY CLAUSE ADOPTED
2/19/2025HouseRead the third time and passed and ordered transmitted to the Senate.
2/19/2025HouseReturned by the Committee Do Pass
2/18/2025HouseRead the first time, rules suspended, read the second time and referred to the Committee on PUBLIC RETIREMENT & SOCIAL SECURITY PROGRAMS-JOINT
1/16/2025HouseFiled
1/16/2025House
Bill Text
HB1158 - Introduced
1/16/2025
Act Version
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