Senate Bill 1428, passed by the Legislature in 2016, contains substantial benefit changes for police officers and firefighters hired on or after July 1, 2017
Hall and Parker lawsuits
As a result of the Arizona Supreme Court opinion in Hall v. EORP, contribution rates for EORP and PSPRS members hired prior to July 20, 2011, are being lowered and PSPRS is preparing to manage the return of some employee contributions.
In 2016, the Legislature passed Senate Bill 1428, which creates new benefit provisions for Tier 2 PSPRS members (not CORP or EORP) hired between January 1, 2012, and June 30, 2017, and for Tier 3 members who will be hired on or after July 1, 2017.
Newly appointed or elected officials may be required to participate in the Defined Contribution plan (EODCRS).
Four New Pension Bills Signed into Law in 2017
What employers and members need to know about pension reforms for PSPRS, EORP and CORP.
Upcoming Board of Trustees Meeting - May 31, 2017View All
System UpdatesView All
PSPRS: A peek inside the Tier 3 benefitsFebruary 27, 2017
PSPRS releases pension reform campaign scheduleFebruary 07, 2017
Details of education campaign for employers and local boards released
Employer contribution rates are now available, lawsuit updatesDecember 13, 2016
Most employer contribution rates rise due to reforms, reduced assumed earnings rate
PSPRS to release FY2018 employer contribution ratesNovember 18, 2016
Higher costs for public safety and corrections employers...