APERS Board of Trustees
The administration and control of the system is vested in a board called the Board of Trustees of the Arkansas Public Employees’ Retirement System (the Board). The Board shall consist of nine trustees, as follows: the Auditor of State, the Treasurer of State and the Director of the Department of Finance and Administration shall be ex officio members; and three members who are state employees and three who are nonstate employees to be appointed by the Governor for staggered six-year terms. The Board appoints an executive director to administer the system and manage its personnel and resources.
APERS Board of Trustees
| Ms. Candace Franks, Chair State Employee Representative |
Mr. Gary Carnahan Municipal Employee Representative |
| Mr. Larry Walther, Vice Chair Ex-Officio, Chief Fiscal Officer of State |
The Honorable Joe Hurst Municipal Employee Representative |
| The Honorable David Hudson County Employee Representative |
The Honorable Andrea Lea Ex-Officio, Auditor of State |
| Mr. Daryl Bassett State Employee Representative |
The Honorable Dennis Milligan Ex Officio, Treasurer of State |
| Mr. Dale Douthit State Employee Representative |
Board Meeting Schedule and Materials for 2019
Minutes must be prepared and approved by the Board at a subsequent meeting before being posted. Agendas and other materials may be available prior to a meeting, but this is not always possible. Also, meeting agendas may be changed before and even during the meeting. Revised agendas will be posted when necessary. Unless otherwise noted, all meetings convene at 9:00 a.m. in the boardroom at APERS offices on the 4th floor of Union Plaza at 124 W. Capitol in Little Rock and are open to the public.
| Date | Type | Documents | Notes |
| January 4 | Special | Agenda Minutes |
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| January 8 | Special | Agenda Minutes |
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| January 16 | Special | Agenda Minutes |
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| February 20 | Quarterly | Agenda Minutes |
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| May 15 | Quarterly | Agenda | Minutes will be available after approval at the August 21 meeting |
| August 21 |
Quarterly | Agenda Investment quarterly report Actuary's preliminary report |
Minutes will be available after approval at the October 22 meeting |
| October 22 | Educational Seminar | The Educational Seminar is an all-day session and will be held at the Capitol Hotel. | |
| November 20 | Quarterly | Minutes will be available after approval at the first meeting in 2020 |
The minutes from previous years can be found on the Board Minutes Archive Page.
APERS Board Rules
Pursuant to statute, the APERS Board of Trustees has adopted rules which implement and clarify APERS’s obligations and operations. Those rules generally address APERS’s administration, member and retiree benefits, membership in APERS, service credits allowed, its investments, and its district judge members. These rules can and do change as law and circumstances require. The current APERS Board Rules can be found here.
