Hall lawsuit impacts certain - but not all - members and retirees of all three plans managed by PSPRS
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
The who, when and how of carrying out the Hall decisionNovember 14, 2016
Arizona Supreme Court strikes 2011 PSPRS reformsNovember 12, 2016
PSPRS still expected to save $475 million due to 2016 law, referendum...
Statement on the passing of Officer Darrin ReedNovember 09, 2016
PSPRS Administrator Jared Smout: Agency has "deepest respect for Officer Reed’s bravery, service and sacrifice to Arizona..."
Feedback to risk pooling and board consolidation study soughtOctober 17, 2016
PSPRS to host stakeholder sessions to review recommendations...