LITTLE ROCK, Ark. (AP) — A legislative panel has recommended limiting the retirement benefits of Arkansas lottery's director and top officials.
The Joint Committee on Public Retirement and Social Security Programs on Monday sent to the Senate a bill limiting the definition of compensation that's used for calculating retirement benefits. The proposal by Republican Sen. Johnny Key of Mountain Home would only count the base salary for a state employee's retirement benefits.
The lottery commission is currently allowed to pay more than the limit set as the base salary for the director, internal auditor and chief operating officer of the lottery. For example, Lottery Director Ernie Passailaigue's base salary under the law is $141,603 but he makes about $324,000 because of the allowance.
The bill now heads to the Senate for a vote.