The Board of Trustees of the Arkansas Teacher Retirement System shall present to the Joint Committee on Public Retirement and Social Security Programs information concerning the statutory authority and actuarial appropriateness of proposed board actions to establish or revise a multiplier, any benefit, or a provision of a deferred retirement option plan.
Duty of board of trustees
Ark. Code Ann. § 24-7-1315 — under Retirement of Employees of Schools and Educational Institutions.
Ark. Code Ann. § 24-7-1315