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AZ SB1152

Bill

Official Source

Status

Passed

5/17/2016

Primary Sponsor

Debbie Lesko

Click for details

Origin

Senate

Fifty-second Legislature - Second Regular Session (2016)

AI Summary

  • Repeals section 41-3016.18, Arizona Revised Statutes, effective retroactively to July 1, 2016.

  • Adds section 41-3024.09 establishing that the Public Safety Personnel Retirement System (PSPRS) Board of Trustees terminates on July 1, 2024.

  • Repeals Title 38, chapter 5, article 3 (Elected Officials' Retirement Plan) on January 1, 2025.

  • Repeals Title 38, chapter 5, article 4 (Public Safety Personnel Retirement System) on January 1, 2025.

  • Repeals Title 38, chapter 5, article 6 (Corrections Officer Retirement Plan) on January 1, 2025, while the Board continues managing employee and employer contributions and distributing benefits to retired members.

Legislative Description

PSPRS; EORP; CORP; continuation

Last Action

Chapter 306

5/17/2016

Full Bill Text

No bill text available