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AZ HB2134

Bill

Official Source

Status

Introduced

3/31/2015

Primary Sponsor

Karen Fann

Click for details

Origin

House of Representatives

Fifty-second Legislature - First Regular Session (2015)

AI Summary

  • Amends Arizona Revised Statutes section 38-874 regarding retirement benefits and deferred compensation plans.

  • Clarifies that benefits under deferred compensation plans are supplemental to state retirement system benefits provided under title 38, chapter 5, article 2.

  • Specifies that income deferred under an established plan shall be counted as regular compensation when calculating retirement and pension benefits for participating employees.

  • Makes a technical correction to statutory cross-reference language in the existing statute.

Legislative Description

Technical correction; annuity; deferred compensation

Last Action

Referred to House RULES Committee

3/31/2015

Full Bill Text

No bill text available