Ark. Code Ann. § 24-1-104
Liabilities not to exceed thirty-year amortization
Year: 2026Length: 54 words
No legislated benefit enhancement shall be enacted which would cause the system's unfunded accrued actuarial liabilities to exceed a thirty-year amortization. Acts 1995, No. 613, § 2.
No legislated benefit enhancement shall be enacted which would cause the system's unfunded accrued actuarial liabilities to exceed a thirty-year amortization.
Acts 1995, No. 613, § 2.