reglab/housing_qa huggingface dataset:
AZ Rev Stat § 38-746 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-746 - Compensation limitation; adjustments

38-746.  Compensation limitation;  adjustments A. Except as provided in subsection E,  beginning on July 1,  2002,  the annual compensation of each employee taken into account under ASRS for any fiscal year or for any other specified twelve consecutive month period shall not exceed two hundred thousand dollars. In determining benefit accruals under ASRS for fiscal years beginning after December 31,  2001 and except as provided for in subsection E,  the annual compensation limit under this subsection for fiscal years beginning before January 1,  2002 is two hundred thousand dollars. B. If compensation under ASRS is determined on a period of time that contains fewer than twelve calendar months,  the compensation limit for that period of time is equal to the dollar limit for the calendar year during which the period of time begins,  multiplied by the fraction in which the numerator is the number of full months in that period of time and the denominator is twelve. C. For fiscal years beginning before July 1,  1997,  the annual compensation limit prescribed in this section also applies to the combined compensation of a member who is a member of the group of ten highly compensated employees,  as defined in section 414(q) of the internal revenue code,  and who is paid the highest compensation during the fiscal year and any family member of the member who is either the member's spouse or the member's lineal descendant and who has not attained the age of nineteen before the close of the fiscal year. If the maximum compensation is adjusted pursuant to subsection D,  the adjusted limitation shall be prorated among the affected members' compensation determined pursuant to this section before application of the adjusted limitation to the other provisions of this article. D. The board shall adjust the maximum compensation under subsection A at the same time and in the same manner as adjusted by the United States secretary of the treasury under section 401(a)(17)(B) of the internal revenue code. The adjustment under this subsection for a calendar year applies to annual compensation for the fiscal year of ASRS that begins with or within the calendar year. E. The dollar limitation prescribed in subsection A does not apply to an eligible member to the extent that the annual compensation of an eligible member taken into account by ASRS for any fiscal year or for any other specified twelve consecutive month period would be reduced below two hundred thirty-five thousand eight hundred forty dollars. This was the amount of compensation taken into account by ASRS as of July 1,  1993. The board shall adjust this amount as of the effective date of the increase prescribed by the United States secretary of the treasury. For the purposes of this subsection,  " eligible member"  means a person who first became a member of ASRS before July 1,  1996.
AZ Rev Stat § 38-749 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-749 - Employer termination incentive program; employer payment of actuarial cost; definition

38-749.  Employer termination incentive program;  employer payment of actuarial cost;  definition A. If a termination incentive program that is offered by an employer results in an actuarial unfunded liability to ASRS,  the employer shall pay to ASRS the amount of the unfunded liability. ASRS shall determine the amount of the unfunded liability in consultation with its actuary.  B. An employer shall notify ASRS if the employer plans to implement a termination incentive program that may affect ASRS funding. C. If ASRS determines that an employer has implemented a termination incentive program that results in an actuarial unfunded liability to ASRS,  ASRS shall assess the cost of the unfunded liability to that employer. If the employer does not remit full payment of all monies due within ninety days after being notified by ASRS of the amount due,  the unpaid amount accrues interest until the amount is paid in full. The interest rate is the interest rate assumption that is approved by the board for actuarial equivalency for the period in question to the date payment is received. D. For the purposes of this section,  " termination incentive program" : 1. Means a total increase in compensation of thirty per cent or more that is given to a member in any one or more years before termination that are used to calculate the member's average monthly compensation if that increase in compensation is used to calculate the member's retirement benefit and that increase in compensation is not attributed to a promotion. 2. Means anything of value,  including any monies,  credited service or points that the employer provides to or on behalf of a member that is conditioned on the member's termination except for payments to an employee for accrued vacation,  sick leave or compensatory time unless the payment is enhanced beyond the employer's customary payment.
AZ Rev Stat § 38-755 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-755 - Member's account information; beneficiary designation; spousal consent; confidentiality

38-755.  Member's account information;  beneficiary designation;  spousal consent;  confidentiality A. ASRS shall make information concerning a member's account accessible to the member in written or electronic form. This information shall include the member's current account balance,  contact information,  beneficiary election,  estimated retirement date and estimated benefit amount. B. The member may change the member's beneficiary at any time in a manner established by ASRS. C. A member who is married shall name and maintain the member's current spouse as a beneficiary to receive at least fifty percent of the member's account,  unless naming or maintaining the current spouse as a beneficiary violates another law,  an existing contract or a court order. The member's current spouse may consent to a waiver of this requirement pursuant to section 38-776. D. In order to protect a member's identity from fraud,  abuse,  theft or civil or criminal activity,  information about a member is not subject to inspection pursuant to title 39,  chapter 1,  article 2,  except that the following information about a member is subject to inspection: 1. The member's name. 2. Whether the member is an active member as defined in section 38-711,  an inactive member as defined in section 38-711 or a retired member as defined in section 38-711. 3. The member's current or most recent employer. 4. For a retired member,  the average monthly compensation,  as defined in section 38-711,  used to calculate the member's retirement benefit. 5. The credited service as defined in section 38-711 on account for an active or inactive member or the credited service used to calculate the retirement benefit for a retired member. 6. The gross pension amount actually paid to a retired member. 7. The most recent retirement date. 8. The current account balance for an active or inactive member. 9. The gross long-term disability program benefit actually paid to a member with a disability pursuant to article 2.1 of this chapter. 10. The amount paid to purchase credited service pursuant to section 38-743,  38-744 or 38-745. 11. The amount of credited service purchased pursuant to section 38-743,  38-744 or 38-745. E. ASRS shall not permit any unredacted record to be inspected that contains a member's social security number,  bank account information,  address,  telephone number,  e-mail address,  medical records,  health insurance information,  beneficiary or survivor information or disability information or any information that is protected by any federal or state law.
AZ Rev Stat § 38-756 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-756 - Outreach education program

38-756.  Outreach education program A. The director shall develop,  implement and maintain an outreach education program for members of ASRS that is designed to provide basic information on retirement planning. B. The outreach education program prescribed in subsection A shall include at least the following: 1. Information on the benefits available to members before retirement. 2. Information on the financial benefits available at retirement including a detailed explanation of the benefits and benefit options under ASRS. 3. Information on how ASRS is organized. 4. Information on how the benefits of the members are funded. 5. Information on the social issues related to retirement. 6. The use of audiovisual,  electronic and other educational aids that are designed to provide information on retirement education and planning. 7. The development of a creative promotional program using available media outlets. C. ASRS shall present,  either in person or through the use of electronic means,  the outreach education program prescribed in subsection A at least once each year in each county of this state. Attendance of active members at outreach education program presentations is voluntary.
AZ Rev Stat § 38-757 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-757 - Normal retirement

38-757.  Normal retirement A. After application on a form prescribed by the director,  a member may retire on reaching the member's normal retirement date. Except as provided in section 13-713,  a member's right to the member's normal retirement benefit as described in subsection B of this section is nonforfeitable by an employer or ASRS on attainment of the member's normal retirement date. B. Except as provided in section 38-768,  a member who meets the requirements for retirement benefits at normal retirement shall receive a monthly life annuity that equals the result of paragraph 1 of this subsection multiplied by paragraph 2 of this subsection when those paragraphs are defined as follows: 1. The number of whole and fractional years of credited service times the following: (a) 2.10 per cent if the member does not have more than 19.99 years of credited service. (b) 2.15 per cent if the member has at least 20.00 years of credited service but not more than 24.99 years of credited service. (c) 2.20 per cent if the member has at least 25.00 years of credited service but not more than 29.99 years of credited service. (d) 2.30 per cent if the member has at least 30.00 years of credited service. 2. The member's average monthly compensation. C. Employers shall provide evidence of,  and certify to,  in a manner provided by the board,  the member's average monthly compensation if that information is not already available from the records of ASRS.
AZ Rev Stat § 38-758 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-758 - Early retirement

38-758.  Early retirement A. A member who has attained age fifty and who has five years of total credited service is eligible to elect,  in a form and manner prescribed by the board,  to receive a reduced retirement income. B. For a member whose membership in ASRS commenced before July 1,  2011,  the benefit payable to a member electing early retirement shall be determined by reducing the normal retirement benefit computed in accordance with section 38-757 either: 1. At the rate of three per cent per year from age sixty to age sixty-five and five per cent per year from age fifty to age sixty. The reduction in normal retirement benefits pursuant to this paragraph for an eligible member electing early retirement shall be based on the period from the date of commencement of early retirement benefits to the member's sixtieth birthday if the member has at least twenty years of total credited service,  sixty-second birthday if the member has at least ten but less than twenty years of total credited service or sixty-fifth birthday if the member has at least five but less than ten years of total credited service. 2. If the sum of a member's age and years of total credited service equals seventy-seven or more,  but is less than eighty,  at the rate of three per cent for each unit of one or fraction of one by which the sum is less than eighty. C. For a member whose membership in ASRS commenced on or after July 1,  2011,  the benefit payable to a member electing early retirement shall be determined by reducing the normal retirement benefit computed in accordance with section 38-757 at the rate of three per cent per year from age sixty to age sixty-five and five per cent per year from age fifty to age sixty. The reduction in normal retirement benefits pursuant to this subsection for an eligible member electing early retirement shall be based on the period from the date of commencement of early retirement benefits to the member's sixty-second birthday if the member has at least ten years of total credited service or sixty-fifth birthday if the member has at least five but less than ten years of total credited service.
AZ Rev Stat § 38-759 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-759 - Late retirement; definition

38-759.  Late retirement;  definition A. A member who is eligible for normal retirement benefits on the member's normal retirement date may elect to defer receiving retirement benefits. B. Notwithstanding this section,  payment of a member's deferred benefits shall not commence later than the member's required beginning date. C. For the purposes of this section,  " required beginning date"  has the same meaning prescribed in section 38-775.
AZ Rev Stat § 38-762 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-762 - Survivor benefits before retirement; definition

38-762.  Survivor benefits before retirement;  definition A. On the death of any active or inactive member before retirement,  the designated beneficiary of the member shall be paid a survivor benefit equal to the sum of both of the following: 1. The member's contribution and interest and the employer's contribution and interest to the defined benefit plan established by this article for credited service that a member earned by working for an employer,  plus all contributions and interest made for the purchase of military service,  leave without pay or other public service credit. This amount excludes payments made by an employer pursuant to section 38-738,  subsection B,  paragraph 3,  unless the member has made the payment required by section 38-738,  subsection B,  paragraph 1. 2. The amount of the member's employee account and the member's employer account together with supplemental credits,  if any,  transferred from the defined contribution program administered by ASRS to the defined benefit program established by this article. B. Subsection A,  paragraphs 1 and 2 of this section shall be accumulated at compound interest at a rate determined by the board through the day of the payment of the benefit. C. In lieu of a single payment,  a designated beneficiary who is eligible for a survivor benefit pursuant to subsection A of this section may elect to receive the actuarial equivalent of the survivor benefit as monthly income for life,  if the resulting monthly amount is greater than or equal to the amount determined by the board under section 38-764,  subsection F. D. If a member dies before distribution of the member's benefits commences,  the member's entire benefits shall be distributed within the required distribution provisions of section 401(a)(9) of the internal revenue code and the regulations that are issued under that section by the United States secretary of the treasury as prescribed in section 38-775. E. If a deceased member did not designate a beneficiary or the beneficiary named by a member predeceases the member,  ASRS shall pay the member's survivor benefit to the following persons in the following order of priority: 1. The member's surviving spouse. 2. The member's surviving natural or adopted children in equal shares. 3. The member's surviving parents in equal shares. 4. The member's estate.  F. Any payment pursuant to this section is payment for the account of the member or the member's beneficiary and all persons entitled to payment and,  to the extent of the payment,  is a full and complete discharge of all liability of the board or ASRS,  or both,  under or in connection with ASRS. G. For the purposes of this section,  " designated beneficiary"  means any individual designated by the member as the member's beneficiary.
AZ Rev Stat § 38-763 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-763 - Survivor benefits after retirement

38-763.  Survivor benefits after retirement A. Except as provided in subsection B of this section,  if a member dies after distribution of retirement benefits commences,  ASRS shall continue to distribute the remaining portion of retirement benefits within the required distribution provisions of section 401(a)(9) of the internal revenue code and the regulations that are issued under that section by the United States secretary of the treasury as prescribed in section 38-775. B. On the death of a retired member who is receiving benefits,  the estate or beneficiary of the member is entitled to receive at least the amount of the member's contribution to ASRS plus interest,  as determined by the director,  less the benefits received by the member. This amount is payable either as a lump sum or at the same periodic rate in effect at the time of the member's death,  as determined by the estate or beneficiary.
AZ Rev Stat § 38-765 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-765 - Errors; benefit recomputation

38-765.  Errors;  benefit recomputation If any change or error in the records results in any member or beneficiary receiving from ASRS more or less than the member or beneficiary would have been entitled to receive if the records had been correct,  ASRS shall correct the error and as far as practicable shall adjust the payments in a manner so that the actuarial equivalent of the benefit to which the member or beneficiary was correctly entitled is paid. ASRS shall correct any change or error and shall pay the appropriate monies to a member or beneficiary or shall recover monies from the member or beneficiary if the member or beneficiary is overpaid. ASRS shall recover monies by reducing any benefit otherwise payable by ASRS or the LTD program established by article 2.1 of this chapter to an active,  inactive,  person with a disability or retired member,  survivor,  contingent annuitant,  beneficiary or alternate payee.
AZ Rev Stat § 38-766.01 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-766.01 - Retired members; return to work

38-766.01.  Retired members;  return to work A. Notwithstanding section 38-766,  at a retired member's election,  a retired member may return to work and still be eligible to receive retirement benefits if all of the following requirements are satisfied: 1. The retired member has attained the member's normal retirement age. 2. The retired member terminated direct employment with an employer at least three hundred sixty-five consecutive days before returning to work. 3. If the retired member returns to work as a teacher,  the retired member's employment is not subject to the requirements prescribed in sections 15-536,  15-538,  15-538.01 and 15-539 through 15-543. B. Notwithstanding section 38-766 and subsection A of this section,  at a retired member's election,  a retired member may return to work as a state elected official who is subject to term limits and still be eligible to receive retirement benefits. C. A retired member's election to return to work under this section is irrevocable for the remainder of the retired member's employment for which the retiree made the election. D. The retired member shall acknowledge this section in writing and file the acknowledgement with the employer within thirty days after returning to work. E. An employer of a retired member who returns to work pursuant to this section shall not pay contributions on behalf of the retired member pursuant to section 38-736,  38-737 or 38-797.05. F. A retired member who returns to work pursuant to this section does not accrue credited service,  member service as provided in section 15-1628,  subsection B,  paragraph 4,  additional account balances,  retirement benefits or long-term disability program benefits pursuant to article 2.1 of this chapter for the period the retired member returns to work. The period the retired member returns to work is not eligible for purchase under section 38-743 or 38-744.
AZ Rev Stat § 38-768 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-768 - Minimum retirement benefit

38-768.  Minimum retirement benefit A. Notwithstanding any other provision of this article,  a retired member or beneficiary who is entitled to a benefit under this article shall receive at least a minimum monthly benefit that is computed pursuant to subsection B of this section if the retired member or beneficiary is at least seventy-five years of age and if the retired member or beneficiary is any of the following: 1. Retired from ASRS with at least twenty years of credited service. 2. A beneficiary of ASRS who is receiving benefits derived from a retired member who had at least twenty years of credited service. 3. A member with at least twenty years of service who irrevocably revokes the receipt of benefits determined on the basis of membership in the defined contribution program administered by ASRS and who elects to receive benefits under this article. 4. A beneficiary who is receiving benefits derived from a retired member who had at least twenty years of service,  who irrevocably revoked the receipt of benefits determined on the basis of membership in the defined contribution program administered by ASRS and who elected to receive benefits under this article. B. The minimum monthly benefit provided by subsection A of this section: 1. For retired members is six hundred dollars. 2. For beneficiaries is the amount determined by paragraph 1 of this subsection and reduced in accordance with the option chosen by multiplying the amount determined by paragraph 1 of this subsection by the actuarial figure for the option chosen and by the percentage of the option chosen. C. If the minimum monthly benefit pursuant to subsections A and B of this section is more than the retired member's or beneficiary's current monthly benefit,  the retired member or beneficiary is eligible to receive a monthly benefit equal to the minimum benefit. If the retired member's or beneficiary's current monthly benefit is more than the minimum benefit,  the retired member's or beneficiary's benefit remains the same. D. A member who receives a lump sum payment pursuant to section 38-764,  subsection D is not eligible for a minimum benefit as provided by this section.