TO AMEND THE LAW UNDER TITLE 24, CHAPTER 4, SUBCHAPTER 2 OF THE ARKANSAS CODE REGARDING DELINQUENT EMPLOYER AND EMPLOYEE CONTRIBUTIONS TO THE ARKANSAS PUBLIC EMPLOYEES' RETIREMENT SYSTEM BY A LOCAL GOVERNMENT PARTICIPATING EMPLOYER.

HB 1334 proposes to amend Arkansas law regarding contributions to the Arkansas Public Employees' Retirement System (APERS). The bill specifically targets issues with local government employers who participate in APERS and are delinquent in making their required employer and employee contributions. Its purpose is to update existing statutes to better address the collection and handling of these overdue payments.