ARIZONA HOUSE OF REPRESENTATIVES Fifty-fourth Legislature Second Regular Session
	House: GOV DPA 11-0-0-0 | 3^rd Read 59-1-0-0

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HB 2157: PSPRS; benefit computation; return-to-work

Sponsor:  Representative Blackman, LD 6

House Engrossed

Overview

Modifies the definition of average monthly benefit compensation.

History

Relating to the Public Safety Personnel Retirement System, average monthly benefit compensation refers to the result of dividing total compensation paid to an employee during a considered period by the number of months compensation was received.

There are three tiers considered for average monthly benefit compensation: 1) before January 1, 2012; 2) on or after January 1, 2012, and before July 1, 2017; and 3) on or after July 1, 2017. Of these three tiers, the latter two state that in the computation of average monthly benefit compensation, a period of partially paid or nonpaid industrial leave must be considered based on the compensation the employee would have received if they were not on industrial leave (A.R.S. § 38-842).

A retirement plan must begin making payments to a member in the calendar year in which the member attains 71.5 years of age (A.R.S. § 38-808, 38-844, 38-890).

Provisions

1. Changes the age a member of the Elected Official's Retirement Plan, Public Safety Personnel Retirement System or Corrections Officer Retirement Plan can begin receiving payments of benefit from 71.5 years of age to 72 years of age. (Sec 1, 3, 5)

2. Requires, for members before January 1, 2012, a period of partially paid or nonpaid industrial leave to be considered based on the compensation the employee would have received if they were not on industrial leave. (Sec. 2)

3. Contains technical changes. (Sec. 1, 2, 3, 4, 5)

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7. Initials SJ/IR                     House Engrossed

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