Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.
1 State of Arkansas A Bill
2 95th General Assembly
3 Regular Session, 2025 SENATE BILL 66
4
5 By: Joint Budget Committee
6
7 For An Act To Be Entitled
8 AN ACT TO MAKE AN APPROPRIATION FOR PERSONAL SERVICES
9 AND OPERATING EXPENSES FOR THE ARKANSAS TEACHER
10 RETIREMENT SYSTEM FOR THE FISCAL YEAR ENDING JUNE 30,
11 2026; AND FOR OTHER PURPOSES.
12
13
14 Subtitle
15 AN ACT FOR THE ARKANSAS TEACHER
16 RETIREMENT SYSTEM APPROPRIATION FOR THE
17 2025-2026 FISCAL YEAR.
18
19
20 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
21
22 SECTION 1. REGULAR SALARIES. There is hereby established for the
23 Arkansas Teacher Retirement System for the 2025-2026 fiscal year, the
24 following maximum number of regular employees.
25
26 Maximum Annual
27 Maximum Salary Rate
28 Item Class No. of Fiscal Year
29 No. Code Title Employees 2025-2026
30 (1) U010U ATRS DIRECTOR 1 GRADE SE04
31 (2) U079U ATRS DEPUTY DIRECTOR 2 GRADE SE01
32 (3) D013N ATRS ASSOC DIR OF INFORMATION TECHNO 1 GRADE IT11
33 (4) D007C INFORMATION SYSTEMS MANAGER 1 GRADE IT08
34 (5) D030C INFORMATION SYSTEMS COORDINATOR 1 GRADE IT07
35 (6) D038C SENIOR SOFTWARE SUPPORT ANALYST 1 GRADE IT06
36 (7) D022C SYSTEMS SPECIALIST 2 GRADE IT06
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1 (8) D052C SOFTWARE SUPPORT ANALYST 1 GRADE IT05
2 (9) N093N ATRS ASSOCIATE DIRECTOR FISCAL AFFAIRS 1 GRADE GS14
3 (10) N092N ATRS ASSOCIATE DIRECTOR OF OPERATIONS 2 GRADE GS14
4 (11) A006N ATRS INTERNAL AUDITOR 1 GRADE GS14
5 (12) G019C GENERAL COUNSEL 1 GRADE GS13
6 (13) A021C AGENCY CONTROLLER I 1 GRADE GS12
7 (14) R013C AGENCY HUMAN RESOURCES MANAGER 1 GRADE GS11
8 (15) G047C ATTORNEY SPECIALIST 1 GRADE GS11
9 (16) A110C SENIOR INVESTMENT MANAGER 1 GRADE GS11
10 (17) G041C ATRS MEMBER SERVICES ADMINISTRATOR 1 GRADE GS10
11 (18) A038C FISCAL SUPPORT MANAGER 1 GRADE GS09
12 (19) A037C INVESTMENT MANAGER 3 GRADE GS09
13 (20) A034C RETIREMENT SECTION MANAGER 6 GRADE GS09
14 (21) A082C ACCOUNTANT II 3 GRADE GS08
15 (22) A062C RETIREMENT COORDINATOR 5 GRADE GS08
16 (23) A061C RETIREMENT INVESTMENT SPECIALIST 1 GRADE GS08
17 (24) A089C ACCOUNTANT I 6 GRADE GS07
18 (25) R024C ASSISTANT PERSONNEL MANAGER 1 GRADE GS07
19 (26) C010C EXECUTIVE ASSISTANT TO THE DIRECTOR 2 GRADE GS07
20 (27) A078C RETIREMENT COUNSELOR 21 GRADE GS07
21 (28) C037C ADMINISTRATIVE ANALYST 4 GRADE GS06
22 (29) R027C BUDGET SPECIALIST 1 GRADE GS06
23 (30) A083C RETIREMENT ANALYST 2 GRADE GS06
24 (31) R033C BENEFITS ANALYST 2 GRADE GS05
25 (32) V014C BUYER 1 GRADE GS05
26 (33) C056C ADMINISTRATIVE SPECIALIST III 3 GRADE GS04
27 (34) R037C BENEFITS TECHNICIAN 2 GRADE GS04
28 (35) A098C FISCAL SUPPORT SPECIALIST 2 GRADE GS04
29 (36) S050C MAINTENANCE SPECIALIST 1 GRADE GS03
30 MAX. NO. OF EMPLOYEES 87
31
32 SECTION 2. EXTRA HELP. There is hereby authorized, for the Arkansas
33 Teacher Retirement System for the 2025-2026 fiscal year, the following
34 maximum number of part-time or temporary employees, to be known as "Extra
35 Help", payable from funds appropriated herein for such purposes: twenty (20)
36 temporary or part-time employees, when needed, at rates of pay not to exceed
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1 those provided in the Uniform Classification and Compensation Act, or its
2 successor, or this act for the appropriate classification.
3
4 SECTION 3. APPROPRIATION - OPERATIONS. There is hereby appropriated,
5 to the Arkansas Teacher Retirement System, to be payable from the Teacher
6 Retirement Fund, for personal services and operating expenses of the Arkansas
7 Teacher Retirement System for the fiscal year ending June 30, 2026, the
8 following:
9
10 ITEM FISCAL YEAR
11 NO. 2025-2026
12 (01) REGULAR SALARIES $5,283,282
13 (02) EXTRA HELP 400,000
14 (03) PERSONAL SERVICES MATCHING 1,902,011
15 (04) OVERTIME 50,000
16 (05) MAINT. & GEN. OPERATION
17 (A) OPER. EXPENSE 2,200,000
18 (B) CONF. & TRAVEL 30,759
19 (C) PROF. FEES 558,115
20 (D) CAP. OUTLAY 0
21 (E) DATA PROC. 0
22 (06) BENEFITS 180,000,000
23 (07) REFUNDS/REIMBURSEMENTS 15,000,000
24 (08) DATA PROCESSING SERVICES 250,000
25 (09) INVESTMENT CONSULTANTS 3,500,000
26 (10) DISCOUNT BUYOUT PLAN 9,000,000
27 TOTAL AMOUNT APPROPRIATED $218,174,167
28
29 SECTION 4. APPROPRIATION - CASH. There is hereby appropriated, to the
30 Arkansas Teacher Retirement System, to be payable from cash funds as defined
31 by Arkansas Code �19-4-801, for payments to beneficiaries by check or wire
32 transfer, by the Arkansas Teacher Retirement System for the fiscal year
33 ending June 30, 2026, the following:
34
35 ITEM FISCAL YEAR
36 NO. 2025-2026
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1 (01) BENEFITS-NON EMPLOYEE $1,700,000,000
2 (02) REFUNDS/REIMBURSEMENTS 6,000,000
3 TOTAL AMOUNT APPROPRIATED $1,706,000,000
4
5 SECTION 5. COMPLIANCE WITH OTHER LAWS. Disbursement of funds
6 authorized by this act shall be limited to the appropriation for such agency
7 and funds made available by law for the support of such appropriations; and
8 the restrictions of the State Procurement Law, the General Accounting and
9 Budgetary Procedures Law, the Revenue Stabilization Law, the Regular Salary
10 Procedures and Restrictions Act, or their successors, and other fiscal
11 control laws of this State, where applicable, and regulations promulgated by
12 the Department of Finance and Administration, as authorized by law, shall be
13 strictly complied with in disbursement of said funds.
14
15 SECTION 6. LEGISLATIVE INTENT. It is the intent of the General
16 Assembly that any funds disbursed under the authority of the appropriations
17 contained in this act shall be in compliance with the stated reasons for
18 which this act was adopted, as evidenced by the Agency Requests, Executive
19 Recommendations and Legislative Recommendations contained in the budget
20 manuals prepared by the Department of Finance and Administration, letters, or
21 summarized oral testimony in the official minutes of the Arkansas Legislative
22 Council or Joint Budget Committee which relate to its passage and adoption.
23
24 SECTION 7. EMERGENCY CLAUSE. It is found and determined by the General
25 Assembly, that the Constitution of the State of Arkansas prohibits the
26 appropriation of funds for more than a one (1) year period; that the
27 effectiveness of this Act on July 1, 2025 is essential to the operation of
28 the agency for which the appropriations in this Act are provided, and that in
29 the event of an extension of the legislative session, the delay in the
30 effective date of this Act beyond July 1, 2025 could work irreparable harm
31 upon the proper administration and provision of essential governmental
32 programs. Therefore, an emergency is hereby declared to exist and this Act
33 being necessary for the immediate preservation of the public peace, health
34 and safety shall be in full force and effect from and after July 1, 2025.
35
36
4 01/14/2025 8:24:18 AM WFP008Every fact on this page links to its source, starting with the official bill record.