Loading chat...
AZ SB1254
Bill
Status
1/26/2016
Primary Sponsor
Debbie Lesko
Click for details
AI Summary
-
Amends Arizona Revised Statutes section 38-814 regarding the Elected Officials' Retirement Plan (EORP) termination procedures.
-
Changes gender-specific language from "his" to "the elected official's or nonretired former elected official's" in provisions describing return of accumulated contributions upon plan termination.
-
Replaces archaic term "per cent" with "percent" in the provision stating that accrued benefits become 100 percent nonforfeitable upon plan termination to the extent funded.
-
Adds clarifying phrase "of this section" when referencing subsections to improve statutory cross-references and readability.
Legislative Description
Technical correction; EORP; plan termination
Last Action
Referred to Senate RULES Committee
1/27/2016