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ARKANSAS STATUTES AND CODES
§ 24-1-104 - Liabilities not to exceed thirty-year amortization.
24-1-104. Liabilities not to exceed thirty-year amortization.
No legislated benefit enhancement shall be enacted which would cause the system's unfunded accrued actuarial liabilities to exceed a thirty-year amortization.
No legislated benefit enhancement shall be enacted which would cause the system's unfunded accrued actuarial liabilities to exceed a thirty-year amortization.
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