CORRECTIONS OFFICER RETIREMENT PLAN
Contribution rates and benefits upon hiring for Tier 3 members.
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AOC Probation/Surveillance |
Corrections/Detention |
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Membership date |
On or after July 1, 2018 |
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Plan Type |
AOC Probation/ Surveillance will elect either the Defined Benefits (DB) or DC Plan |
Defined Contribution (DC) Plan for Corrections and Detention |
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Employee Contribution Rate |
DB: 8.38%, updated annually DC plan: Default rate is 7.0%. Members may contribute from 5% to the IRS maximum. |
DC plan: Default rate is 7.0%. Members may contribute from 5% to the IRS maximum. |
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Wage Index |
Pensionable income limit in 2025 is $83,435, per A.R.S. §38-895.01; set every three years. |
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Average Monthly Salary Determined by |
DB plan members highest 5 consecutive years in last 10 years of credited service* |
Not Applicable |
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Disability Benefits** |
DB only: Accidental, Ordinary and Total & Permanent |
DC: Accidental and Total & Permanent only (No Ordinary disability) |
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Line of Duty Death** |
Survivor benefits paid to eligible spouse or eligible children. Contribution balances paid to beneficiaries on file if members do not have eligible spouse or children |
Survivor benefits are limited to line of duty deaths. Benefits are offset by the balance of member DC account |
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Cancer Insurance Program |
The PSPRS Cancer Insurance Program provides payments for cancer diagnoses and reimbursements for treatment-related expenses. Coverage depends on employer participation and members electing to pay the premium. |
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*Credited service includes employment periods in which the member and employer are contributing to the plan, and any transferred or purchased credited service from other retirement plans. Periods of unpaid leave are not considered credited service and are not counted towards normal retirement benefits.
**During a member’s 90-day election period they may be entitled to work-related injury or death benefits only.
Tier 3 members can check their pension contribution balances at any time during their careers by accessing their Members Only account or by calling (602) 255-5575 or emailing [email protected].
CORP members and retirees can check their 401(a) defined contribution balances through their account or by contacting Nationwide Retirement Services by calling 1-855-297-8228 or emailing [email protected] for assistance.
Please note that all CORP members and retirees can use defined contribution plans available under state law and through Nationwide Retirement Services. These accounts include a 401(a) supplemental plan and a 457 plan. Members can contact their employers for assistance.