Education (Teachers)

This bill provides funding for the Arkansas Teacher Retirement System for the 2026-2027 fiscal year, affecting the agency's ability to pay salaries and operate. It authorizes the hiring of up to 87 regular employees and 20 temporary staff while appropriating approximately $218 million for internal operations and $1.7 billion for paying retirement benefits to non-employee beneficiaries. The legislation also allocates specific funds for investment consultants, discount buyout plans, and general operating expenses like travel and professional fees.