APERS Board of Trustees

board scheduleThe 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
January 8 Special Agenda
January 16 Special Agenda
February 20 Quarterly Agenda
May 15 Quarterly  Agenda Minutes will be available after approval at the November 20 meeting
August 21

Quarterly Agenda
Investment quarterly report
Actuary's preliminary report
Minutes will be available after approval at the November 20 meeting
October 22 Educational Seminar   The Educational Seminar is an all-day session and will be held at the Capitol Hotel. 
November 20 Quarterly  Agenda 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.




Arkansas public employees retirement system

Here you will find information based on your role in our system, whether you are an active member, near retirement, a retired member or an APERS particpating employer.