Ark. Code Ann. § 24-1-105: Liabilities exceeding thirty-year amortization period - Legislated benefit enhancement prohibited

When any retirement system on or after March 14, 1995, has unfunded actuarial accrued liabilities being amortized over a period exceeding thirty (30) years, that system shall not have a legislated benefit enhancement until the unfunded actuarial accrued liability is reduced to a level less than the standards set by this subchapter.