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AZ HB2138

Bill

Official Source

Status

Introduced

5/5/2016

Primary Sponsor

Kate Brophy McGee

Click for details

Origin

House of Representatives

Fifty-second Legislature - Second Regular Session (2016)

AI Summary

  • Amends Arizona Revised Statutes section 38-874 to make a technical correction regarding deferred compensation plans.

  • Changes reference from "title 38, chapter 5, article 2" to "article 2 of this chapter" to correct statutory citation format.

  • Confirms that deferred compensation benefits are supplemental to state retirement system benefits provided under existing law.

  • Specifies that income deferred under a deferred compensation plan counts as regular compensation for calculating retirement and pension benefits for participating employees.

Legislative Description

Technical correction; annuity; deferred compensation

Last Action

Introduced in House and read first time

5/5/2016

Full Bill Text

No bill text available