PUBLIC SAFETY PERSONNEL RETIREMENT SYSTEM
2006 PROPOSED LEGISLATION

Legislature Adjourned 6-22-06 @ 12:12 am

Bills enclosed in a border have been passed or failed.
To review a bill in its entirety, please visit the State Legislature�s Website: www.azleg.state.az.us

H2113:����������� RETIREMENT PLANS; CONTINUATION

Continues CORP, EORP, and PSPRS for ten years through December 31, 2016.

Sponsor:� Rep. McClure

Current Action:��������� Chapter 125, Laws 2006.

H2336:����������� COMPENSATION; OFF-DUTY PAY - PSPRS

Definition of �Compensation� was expanded to include off-duty pay if the pay is approved by the employer and transmitted through the employer�s payroll system to PSPRS.� Additionally, the contributions made to PSPRS shall be made only if the employee agrees that both the employer and employee contributions are deducted from the off-duty pay.�

Sponsor: Rep. McClure

Current Action: �������� 2/6 House Public Institutions & Retirement.� Failed 2 - 5.

S1357:������������ SPECIAL RETIREMENT PLANS; AMORTIZATION

Amends existing language to �beginning July 1, 2005, a rolling period of at least 20 and not more than 30 years amortization is established by the Fund Manager taking into account the recommendation of the actuary.� The employer contribution rate shall not be less 10%.�

Sponsor:��������� Sen. Huppenthal

Current Action:��������� Chapter 251, Laws 2006.

S1359: ����������� PUBLIC RETIREMENT PLANS; ADMINISTRATIVE AMENDMENTS

Amends a number of existing statutes to include definition of salary, catastrophic disability, killed in the line of duty, same position, transfers, �cherry-picking� and disabilities.

Sponsor:��������� Sen. Huppenthal

Current Action: Chapter 264, Laws 2006.