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AZ HB2237
Bill
Status
5/5/2016
Primary Sponsor
John Allen
Click for details
AI Summary
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Adds one-year restriction prohibiting employers from contracting with or leasing retired members within 365 days after retirement under ASRS (Arizona State Retirement System).
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Establishes one-year restriction for PSPRS (Public Safety Personnel Retirement System) preventing employers from contracting with or leasing retired members within one year of retirement date.
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Adds 12-month restriction for CORP (Correctional Officers Retirement Plan) preventing employers from contracting with or leasing retired members within 12 months after retirement.
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Applies restrictions uniformly across all three state retirement systems to prevent circumventing suspension of benefits rules when retired members return to work through contract or lease arrangements.
Legislative Description
Retirement; return to work; restrictions
Last Action
Introduced in House and read first time
5/5/2016