reglab/housing_qa huggingface dataset:
AZ Rev Stat § 38-846.01 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-846.01 - Deferred annuity; exception

38-846.01.  Deferred annuity;  exception A. If any member who has at least ten years of credited service terminates employment for reasons other than retirement or disability,  the member may elect to receive a deferred annuity,  except that if the annuitant withdraws all or part of the annuitant's accumulated contributions in the system all rights in and to a deferred annuity shall be forfeited by the annuitant. A deferred annuity is a lifetime monthly payment actuarially equivalent to the annuitant's accumulated contributions in the system plus an equal amount paid by the employer and shall commence on application on or after the sixty-second birthday of the annuitant. The annuity is not a retirement benefit and annuitants are not entitled to receive any amount prescribed by section 38-845,  subsection F or section 38-846,  38-856.05 or 38-857. B. This section does not apply to a member who becomes a member of the system on or after January 1,  2012. For a member who is hired on or after January 1,  2012 and before July 1,  2017,  a member who attains a normal retirement date is eligible for retirement and a retirement benefit even if the member terminates employment with an employer before the age requirement for normal retirement if the member attains the service requirement for normal retirement. For a member who is hired on or after July 1,  2017,  a member who attains a normal retirement date is eligible for retirement and a retirement benefit even if the member terminates employment with an employer before the age requirement for normal retirement if the member attains the credited service requirement for normal retirement. Once a member described in this subsection reaches the normal retirement age,  the member may receive payments made under section 38-845.
AZ Rev Stat § 38-846.03 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-846.03 - Reinstatement of surviving spouse's pension

38-846.03.  Reinstatement of surviving spouse's pension A. A surviving spouse whose pension was terminated by reason of remarriage is entitled to reinstatement of the surviving spouse's pension if the surviving spouse is otherwise qualified for a surviving spouse's pension and applies for reinstatement with the public safety personnel retirement system and no other person is currently receiving a guardian's or conservator's pension for an eligible child of the member or retired member. The level of pension payments shall be that amount which was received by the surviving spouse at the date the surviving spouse's pension was terminated,  adjusted to reflect ad hoc and scheduled increases from the date of termination to the date of reinstatement. B. A surviving spouse who is receiving a guardian's or conservator's pension by reason of remarriage and who is otherwise eligible may apply for reinstatement of a surviving spouse's pension. If the surviving spouse's pension becomes payable the guardian's or conservator's pension is terminated. C. Reinstated surviving spouse's pensions are not retroactive. Payment of a reinstated surviving spouse's pension shall commence as of the first day of the month following receipt by the public safety personnel retirement system of a properly executed written application for reinstatement from the surviving spouse.
AZ Rev Stat § 38-846.04 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-846.04 - Reinstatement of credited service; effect of prior law

38-846.04.  Reinstatement of credited service;  effect of prior law A. A member who received a severance refund on termination of employment as provided in section 38-846.02,  who is subsequently reemployed by an employer and who may have redeposited the amount withdrawn with interest as provided in section 38-849 or a member who redeems prior service pursuant to statute is subject to the benefits and duties in effect at the following times for the specified situations: 1. At the time of the member's reemployment if the member is reemployed by an employer other than the same employer. 2. At the time of the member's reemployment if the member is reemployed by the same employer at least ninety days after the date of termination. 3. At the time of the member's most recent termination if the member is reemployed by the same employer in any capacity within ninety days after the date of termination. B. Subsection A of this section does not apply if a court of competent jurisdiction orders reinstatement of benefits and duties under a prior law. C. If a member was initially employed on or after July 1,  2017,  regardless of whether the member received a severance refund or redeposits the amount withdrawn with interest,  the member shall return to the system as irrevocably elected pursuant to section 38-842.01. D. A member who transfers credited service from one employer to another employer pursuant to section 38-853 retains the benefits and duties in effect at the time of the member's transfer.
AZ Rev Stat § 38-846.05 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-846.05 - Retiree pool account; transfers; funding

38-846.05.  Retiree pool account;  transfers;  funding A. The retiree pool account is established in the fund for the purpose of sharing the actuarial liability attributable to uncontrollable costs for the employers of members who are hired on or after July 1,  2017 and who are determined eligible for a normal retirement benefit pursuant to section 38-844 or for an accidental,  ordinary or catastrophic disability pension pursuant to section 38-844 and for survivors of members who are hired on or after July 1,  2017 and who are determined eligible for a death benefit pursuant to section 38-846.  B. For members who are determined eligible for a normal retirement benefit pursuant to section 38-844,  an amount equal to the actuarial present value of future benefit payments,  calculated as of the member's retirement date,  shall be transferred from the employer's account to the retiree pool account. C. For a member who is determined eligible for an accidental,  ordinary or catastrophic disability pension pursuant to section 38-844 and who has not reached the member's normal retirement date,  an amount equal to the actuarial present value of future benefit payments already accrued,  calculated as of the date of disability retirement,  shall be transferred from the employer's account to the retiree pool account. If a member who is determined eligible for an accidental,  ordinary or catastrophic disability pension has reached the member's normal retirement date,  the amount transferred to the retiree pool account is calculated in the same manner as a normal retirement pursuant to subsection B of this section. D. For a survivor of a deceased member determined eligible for a death benefit pursuant to section 38-846,  if the member was not retired and had not reached the member's normal retirement date,  an amount equal to the actuarial present value of future survivor benefit payments already accrued,  calculated as of the survivor's retirement date,  shall be transferred from the employer's account to the retiree pool account. If the deceased member had reached the member's normal retirement date,  an amount equal to the actuarial present value of future survivor benefit payments,  plus any amount payable,  calculated as of the survivor's retirement date,  shall be transferred from the employer's account to the retiree pool account. E. The retiree pool account shall remain one hundred percent funded. In any fiscal year that the retiree account is not one hundred percent funded as of June 30,  the amount necessary to adjust the retiree pool account up or down to one hundred percent funded shall be transferred from or to the investment earnings of the fund before those earnings are distributed to each employer's account.
AZ Rev Stat § 38-846.06 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-846.06 - Eligible rollover distributions; direct rollovers

38-846.06.  Eligible rollover distributions;  direct rollovers A. Notwithstanding any other provision of this article,  a member or the member's surviving spouse beneficiary who is entitled to receive an eligible rollover distribution may elect to directly roll over all or part of that distribution to an eligible retirement plan. B. A member's beneficiary who is not the member's spouse may elect to directly roll over all or part of an eligible rollover distribution from the system on the death of the member under the same terms and conditions as apply to a member or the member's surviving spouse beneficiary pursuant to this section,  except that a nonspouse beneficiary may elect to make a direct rollover only to an eligible retirement plan as defined in section 38-842,  paragraph 25,  subdivision (a) or (b). C. If a member or the member's beneficiary elects to have an eligible rollover distribution paid directly to an eligible retirement plan,  that distribution shall be made in the form of a direct trustee-to-trustee transfer to the specified eligible retirement plan. The distribution shall be made in the form and at the time prescribed by the board. D. All rollovers made pursuant to this section are subject to the direct rollover requirements under section 401(a)(31) of the internal revenue code,  the rollover notice requirements under section 402(f) of the internal revenue code and the mandatory withholding requirements under section 3405(c) of the internal revenue code. The period for providing the rollover notice as required under section 402(f) of the internal revenue code is not less than thirty days and not more than one hundred eighty days before the date of distribution.
AZ Rev Stat § 38-847.01 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-847.01 - Membership in retirement plan; eligibility

38-847.01.  Membership in retirement plan;  eligibility A. Each employee of an eligible group shall participate in the plan on proper determination of eligibility for membership by the local board pursuant to section 38-847,  subsection D. B. The employer shall provide to the local board all necessary information to render a decision on the employee's eligibility for membership. The information shall include: 1. The date the employee was hired or appointed to the position. 2. The employee's position title. 3. A description of the essential functions for the position. C. An employee receiving a pension from the plan is not subject to this section,  but is subject to section 38-849.
AZ Rev Stat § 38-847.02 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-847.02 - Voluntary local board consolidation; membership; duties

38-847.02.  Voluntary local board consolidation;  membership;  duties A. A local board may enter into an intergovernmental agreement with other local boards to consolidate the boards for the respective employers. B. The consolidated local board shall work with the board of trustees to ensure that the new board is duly empaneled consistent with the representation outlined in section 38-847,  subsection A and that all appointments or elections for local board members are completed in a timely manner. The consolidated local board shall submit to the board of trustees the names of the members of the consolidated local board and the consolidated local board's secretary and independent legal counsel and shall submit any changes to those positions within ten days after the change. C. The consolidated local board shall decide eligibility for membership and disability and in the line of duty death benefits and have all of the duties and responsibilities of a local board pursuant to this article. D. Within one hundred eighty days after appointment or election,  all consolidated local board members and the local board's secretary shall complete local board training as prescribed by the board of trustees,  including open meeting laws,  ethics,  legal review and fiduciary responsibilities and duties. The local board's independent legal counsel shall review the model uniform rules for local board procedure that are issued by the board of trustees. E. The local board's independent legal counsel may not be employed by or contracted with the employer or any employee organizations. The independent legal counsel may not represent a member of the plan before any local board or any judicial appeal of a local board decision.
AZ Rev Stat § 38-847.03 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-847.03 - Uniform medical review; administrator; disability decisions; definitions

38-847.03.  Uniform medical review;  administrator;  disability decisions;  definitions A. Within ten days after a local board receives an application for disability benefits or in the line of duty death benefits,  the local board secretary shall submit the application to the administrator. B. After a local board has made a determination on the application,  or the application is deemed granted pursuant to section 38-847,  subsection D,  paragraph 3 or section 38-893,  subsection D,  paragraph 2 for disability benefits or in the line of duty death benefits,  the administrator or the administrator's designee shall review the findings. The administrator may contract with medical professionals to review applications under this section. C. The board of trustees or the administrator may require additional records from the local board or the employer or may require that the local board conduct a rehearing on the matter. D. If the board of trustees disagrees with the decision of the local board after a rehearing requested pursuant to subsection C of this section,  the decision is subject to judicial review pursuant to title 12,  chapter 7,  article 6. E. For the purposes of this section: 1. " Administrator"  means the administrator appointed by the board pursuant to section 38-848. 2. " Local board"  means a local board formed under section 38-847,  38-847.02,  38-893 or 38-893.01.
AZ Rev Stat § 38-847.04 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-847.04 - Board of trustees; determination of retirement benefits; definitions

38-847.04.  Board of trustees;  determination of retirement benefits;  definitions A. Each employer,  within ten days after receiving a completed retirement application from a member,  shall submit the retirement application to the board. The board or its designee shall decide all questions of eligibility for service credits and retirement benefits and will determine the amount,  manner and time of payment of the retirement benefits. If the board or its designee finds discrepancies in the information received,  the board or its designee shall contact the employer and applicant and resolve the discrepancies before the start date of the benefits. B. For the purposes of this section,  " employer"  and " member"  have the same meanings prescribed in section 38-842 or 38-881.
AZ Rev Stat § 38-848.02 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-848.02 - Board of trustees; report on employer and employee costs; posting funding ratio

38-848.02.  Board of trustees;  report on employer and employee costs;  posting funding ratio  A. On or before December 1 of each year,  the board of trustees shall provide to the legislature and the joint legislative budget committee and shall post on its website the shared cost structure of employees and employers,  the funding status and the rate of return. The report to the legislature shall include when the trigger to the reduction in the employee rates is being met. B. The board of trustees shall post on its website for each plan the board administers each employer's funding ratio.
AZ Rev Stat § 38-848.03 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-848.03 - Appointed investment management

38-848.03.  Appointed investment management A. The board may appoint investment management. Investment management shall have: 1. The highest professional and fiduciary recommendations. 2. Not less than three years' experience at handling institutional investments of at least two hundred fifty million dollars. This paragraph is satisfied if investment management,  the individual retained by investment management or individual employees in a firm of investment managers meet this requirement. 3. Had responsibility for investment decision making as an insurance company investment fund,  an investment division of a bank,  a mutual fund,  an investment organization or institution,  a pension fund or an investment adviser who is designated as a chartered financial analyst by the chartered financial analyst institute. B. A bank serving as investment management does not have a conflict of interest because it is also a depository in which any monies administered by the board are deposited. C. The board shall appoint investment management for a term of one year and may appoint the investment management to succeeding terms. The board may remove investment management for not complying with this article or for failure to comply with or adhere to the board's investment goals,  objectives or policies. D. Investment management appointed by the board: 1. May purchase and sell in the name of the system and other plans that the board administers any of the securities and investments held by the system or plans. 2. Subject to any restrictions imposed by the board,  is responsible for making all investment decisions relating to the investments the board has assigned investment management to manage. E. Investment management shall not directly or indirectly: 1. Except for the fees agreed to be paid by the board to investment management or as otherwise agreed by the board,  have any interest in the investments being managed by investment management for the board. 2. Borrow monies,  funds or deposits of the system or other plans that the board administers or use these monies in any manner except as directed under this article. 3. Be an endorser,  surety or obligor on investments made under this article. F. Subject to the limitations in this article,  the board may authorize the administrator,  chief investment officer and other in-house investment professionals employed by the board to make discretionary investments for the system and other plans or trusts that the board administers that do not exceed fifty per cent of the assets of the system and other plans or trusts measured at cost. G. To exercise the responsibilities prescribed in this article,  the board may enter into contracts that may be interpreted and enforced under the laws of a jurisdiction other than this state and that are not subject to section 35-214 or 38-511 or title 41,  chapter 23.
AZ Rev Stat § 38-852 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-852 - Taxation of benefits; exemption of contributions and securities

38-852.  Taxation of benefits;  exemption of contributions and securities The employer contributions and the securities in the several funds provided for in this article shall be exempt from state,  county and municipal taxes. Employee and employer contributions that are withdrawn from the system after December 31,  1974 by a public officer or employee from the accounts of the system and not received as benefits therefrom and benefits,  annuities and pensions received by a public officer or employee from the system after December 31,  1988 shall be subject to tax pursuant to title 43.
AZ Rev Stat § 38-852.01 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-852.01 - Benefits not to be reduced by social security payments

38-852.01.  Benefits not to be reduced by social security payments From and after the effective date of this section,  all benefits now or hereafter received pursuant to this article or prior retirement systems shall not be reduced because of any payment received as benefits under the federal old age and survivors insurance system.
AZ Rev Stat § 38-853 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-853 - Transfer of credited service

38-853.  Transfer of credited service A member who terminates employment with an employer and accepts a position with the same or another employer participating in the system,  after completing an application that is acceptable to the board,  shall have the member's credited service transferred to the member's record with the new employer provided the member leaves the member's accumulated contributions on deposit with the fund. The termination of employment shall not constitute a break in service. However,  the period not employed shall not be considered as service.
AZ Rev Stat § 38-853.01 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-853.01 - Redemption of prior service; calculation

38-853.01.  Redemption of prior service;  calculation A. Except as provided in subsection B of this section,  an active member of the system who has at least five years of service with the system may elect to redeem up to sixty months of any part of the following prior service or employment by paying into the system any amounts required under subsection C of this section if the prior service or employment is not on account with any other retirement system: 1. Prior service in this state as an employee with an employer now covered by the system or prior service with an agency of the United States government,  a state of the United States or a political subdivision of this state or of a state of the United States as a full-time paid firefighter,  full-time paid certified peace officer or full-time paid corrections officer engaged in law enforcement duties. 2. Subject to any limitations prescribed by federal law,  prior employment as an employee of a corporation that contracted with an employer now covered by the system to provide firefighting services on behalf of that employer as a full-time paid firefighter or that provided firefighting services for a political subdivision of this state. B. An active member who became a member of the system before January 1,  2012 may redeem any amount of eligible prior service as specified in subsection A of this section without having to have accrued any minimum amount of credited service. C. An active member who elects to redeem any part of the prior service or employment for which the employee is deemed eligible by the board under this section shall pay into the system the amounts previously withdrawn by the member,  if any,  as a refund of the member's accumulated contributions plus accumulated interest as determined by the board and the additional amount,  if any,  computed by the system's actuary that is necessary to equal the increase in the actuarial present value of projected benefits resulting from the redemption calculated using the actuarial methods and assumptions prescribed by the system's actuary. D. A member electing to redeem service pursuant to this section may pay for service being redeemed in the form of a lump sum payment to the system,  a trustee-to-trustee transfer or a direct rollover of an eligible distribution from a plan described in section 402(c)(8)(B)(iii),  (iv),  (v) or (vi) of the internal revenue code or a rollover of an eligible distribution from an individual retirement account or annuity described in section 408(a) or (b) of the internal revenue code.