All Roll Calls
Yes: 125 • No: 0
ArkansasHB11612025 Regular SessionHouseWALLET
TO CLARIFY THE LAW CONCERNING AN ELECTION TO CHANGE ANNUITY OPTIONS WITHIN ONE YEAR OF RETIREMENT UNDER THE ARKANSAS TEACHER RETIREMENT SYSTEM; AND TO DECLARE AN EMERGENCY.
Sponsored By: Justin Boyd (Republican), Kendra Moore (Republican)
Enacted
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Arkansas teacher retirees can change pension options
Beginning July 1, 2025, Arkansas Teacher Retirement System retirees can change their pension payment option once. You qualify if you retired on or after July 1, 1994. Within one year of retirement, you must file a system-approved election form and complete the required repayment. You must repay the difference between payments received and payments due under the new option, calculated back to retirement. Interest runs from your retirement date until full payment. Your new option starts the month after you complete the filing and repayment.
Sponsors & Cosponsors
Sponsors
Justin Boyd
Republican • Senate
Kendra Moore
Republican • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 2/24/2025
Senate Vote - Monday, February 24, 2025 2:45:36 PM
Yes: 32 • No: 0
House vote • 2/19/2025
House Vote - Wednesday, February 19, 2025 2:14:34 PM
Yes: 93 • No: 0
Actions Timeline
Notification that HB1161 is now Act 228
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
HB1161 - Introduced
1/16/2025
Act Version
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