reglab/housing_qa huggingface dataset:
AZ Rev Stat § 38-840.13 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-840.13 - Liquidation of the EODC disability program

38-840.13.  Liquidation of the EODC disability program If the legislature determines that the EODC disability program is no longer to be operated for the purposes set forth in this article,  any monies remaining in the EODC disability program trust fund after paying all liabilities of the program or after making adequate provision for paying those liabilities revert to the general funds of the employers that were making contributions to the EODC disability program at the time the legislature terminates the EODC disability program. The reverted monies shall be prorated according to the gross amount of contributions made by the employers to the EODC disability program.
AZ Rev Stat § 38-841 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-841 - Purpose; vested benefits

38-841.  Purpose;  vested benefits A. Before the establishment of the public safety personnel retirement system,  municipal firemen and policemen,  employees of the Arizona highway patrol and other public safety personnel in the state of Arizona were covered under various local,  municipal and state retirement programs. These heterogeneous programs provided for wide and significant differentials in employee contribution rates,  benefit eligibility provisions,  types of benefit protection and benefit formulas. B. In order to provide a uniform,  consistent and equitable statewide program for public safety personnel who are regularly assigned hazardous duty in the employ of the state of Arizona or a political subdivision thereof,  this retirement system was created effective as of July 1,  1968,  as an amendment to and continuation of three prior systems. Groups of employees covered under the three prior systems as of June 30,  1968,  and the assets and liabilities accumulated thereunder for such employees,  are transferred with prior service credits to this retirement system as of the effective date,  and both they and their employers shall be required to make stipulated contributions to support the system's benefit structure on a sound actuarial basis. Future employees in such groups shall commence participation in,  and contributions to,  the system immediately on commencement of covered employment. C. The provisions of this system shall not be construed to authorize the granting of any retirement benefits to persons who are retired as of the effective date of this article,  except as described in sections 38-849 and 38-853. D. Additional eligible groups of public safety personnel will participate in the system pursuant to election by their employer for such coverage under an appropriate joinder agreement. E. The public safety personnel retirement system is a jural entity that may sue and be sued.
AZ Rev Stat § 38-843.01 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-843.01 - Internal revenue code section 414(h) pickup of member contributions

38-843.01.  Internal revenue code section 414(h) pickup of member contributions Each employer shall pick up the contributions required of members on account of compensation paid after the effective date specified in the resolution of the board activating the provisions of this section. The picked up contributions shall be treated as employer contributions for the purpose of tax treatment under the United States internal revenue code. The specified effective date shall not be before the date the system receives notification from the internal revenue service that pursuant to section 414(h) of the internal revenue code the member contributions picked up shall not be included in gross income for income tax purposes until the time that the picked up contributions are distributed by refund or pension payments. The employers shall pick up the member contributions from monies established and available in a retirement deduction account,  which monies would otherwise have been designated as member contributions and paid to the system. Member contributions picked up pursuant to this section shall be treated for all other purposes,  in the same manner and to the same extent,  as member contributions made before the effective date.
AZ Rev Stat § 38-843.02 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-843.02 - Internal revenue code qualification

38-843.02.  Internal revenue code qualification The legislature intends that the system is a qualified pension plan under section 401 of the internal revenue code,  as amended,  or successor provisions of law,  and that the trust is exempt from taxation under section 501 of the internal revenue code,  as amended. The assets of the fund are held in trust for the exclusive benefit of the members and beneficiaries of the system. The board may adopt such additional provisions to the system as are necessary to fulfill this intent.
AZ Rev Stat § 38-843.03 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-843.03 - Statutory construction

38-843.03.  Statutory construction Because the system as enacted at a particular time is a unique amalgam of rights and obligations having a critical impact on the actuarial integrity of the system,  the legislature intends that the system as enacted at a particular time be construed and applied as a coherent whole and without reference to any other provision of the system in effect at a different time.
AZ Rev Stat § 38-843.05 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-843.05 - Retired members; return to work; employer contributions

38-843.05.  Retired members;  return to work;  employer contributions A. An employer shall pay contributions at an alternate contribution rate on behalf of a retired member who returns to work in any capacity in a position ordinarily filled by an employee of the employer of an eligible group,  unless the retired member is required to participate in another state retirement system and the retired member returned to work before July 20,  2011. For the purposes of this subsection,  " returns to work in any capacity"  includes a retired member who returns to work and is ineligible for benefits pursuant to section 38-849,  subsection E. B. The alternate contribution rate shall be equal to that portion of the individual employer's total required contribution that is applied to the amortization of the unfunded actuarial accrued liability for the fiscal year beginning July 1,  based on the system's actuary's calculation of the total required contribution for the preceding fiscal year ended on June 30. The alternate contribution rate shall be applied to the compensation,  gross salary or contract fee of a retired member who meets the requirements of this section. C. The alternate contribution rate shall not be less than eight percent in any fiscal year. D. All contributions made by the employer and allocated to the fund are irrevocable and shall be used as benefits under this article or to pay the expenses of the system. Payments made pursuant to this section by employers become delinquent after the due date prescribed in section 38-843,  subsection D,  and thereafter shall be increased by interest from and after that date until payment is received by the system. E. An employer of a retired member shall immediately notify the local board after the employment of a retired member and shall submit any reports,  data,  paperwork or materials that are requested by the board or the local board that are necessary to determine the compensation,  gross salary or contract fee associated with a retired member who returns to work or to determine the function,  use,  efficacy or operation of the return to work program.
AZ Rev Stat § 38-843.06 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-843.06 - Required distributions

38-843.06.  Required distributions All distributions required under this article shall be determined and made pursuant to 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.
AZ Rev Stat § 38-843.07 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-843.07 - Adjustment and refund; termination of the system

38-843.07.  Adjustment and refund;  termination of the system A. If more than the correct amount of employer or member contributions is paid into the system by an employer through a mistake of fact,  the board shall return those contributions to the employer if the employer requests return of the contributions within one year after the date of the overpayment. The board may not pay an employer earnings attributable to excess contributions but shall reduce the amount returned to an employer pursuant to this subsection by the amount of losses attributable to the excess contributions. B. On termination or partial termination of the system,  the accrued benefit of each member is,  as of the date of termination or partial termination,  fully vested and nonforfeitable to the extent then funded.
AZ Rev Stat § 38-844.01 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-844.01 - Vested rights to benefits

38-844.01.  Vested rights to benefits A member of the system does not have vested rights to benefits under the system,  except as provided in section 38-854,  until he files an application for benefits and is found eligible for those benefits as provided in this article. An eligible claimant's rights to benefits vest on the date of his application for those benefits or his last day of employment under the system,  whichever occurs first.
AZ Rev Stat § 38-844.02 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-844.02 - Deferred retirement option plan for employees hired before January 1, 2012; purpose

38-844.02.  Deferred retirement option plan for employees hired before January 1,  2012;  purpose A. A deferred retirement option plan is established for those employees who become members of the system before January 1,  2012. The purpose of the deferred retirement option plan is to add flexibility to the system and to provide members who elect to participate in the deferred retirement option plan access to a lump sum benefit in addition to their normal monthly retirement benefit on actual retirement. B. The board shall offer the deferred retirement option plan to members on a voluntary basis as an alternative method of benefit accrual under the system.
AZ Rev Stat § 38-844.03 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-844.03 - Eligibility; participation

38-844.03.  Eligibility;  participation A. Any member who is eligible for a normal pension pursuant to section 38-844,  subsection A,  who becomes a member of the system before January 1,  2012 and who has at least twenty years of credited service is eligible to participate in the deferred retirement option plan. In addition,  any member who is subject to section 38-858,  subsection C is eligible to participate in the deferred retirement option plan retroactive to the member's twentieth year of credited service or on the day before the member began military service,  whichever is later,  if the member makes the election pursuant to this section on or before resuming employment with the member's employer. B. A member who elects to participate in the deferred retirement option plan shall voluntarily and irrevocably: 1. Designate a period of participation that is not more than sixty consecutive months. 2. Beginning on the date the member elects to participate in the deferred retirement option plan,  cease to accrue benefits under any other provision of this article. The member's effective date of participation is the first day of the month following the date the member elects to participate. 3. Have deferred retirement option plan benefits credited to a deferred retirement option plan participation account pursuant to section 38-844.05. 4. Receive benefits from the system on termination of employment at the same time and in the same manner as otherwise prescribed in this article. 5. Agree to terminate employment on completion of the deferred retirement option plan participation period designated by the member on the appropriate deferred retirement option plan participation form. C. If a member fails to terminate employment on completion of the designated deferred retirement option plan participation period:  1. The member is not entitled to the interest accumulation on the deferred retirement option plan participation account. 2. The deferred retirement option plan participation account shall not be credited with the monthly amount prescribed in section 38-844.05,  subsection C,  paragraph 1 and that amount shall not be paid directly to the member. 3. The payment prescribed in section 38-844.08,  subsection A,  paragraph 1 shall not be paid until the member terminates employment and is payable at the same time as the pension amount is paid on retirement. 4. The member does not acquire any further credited service in the system.
AZ Rev Stat § 38-844.04 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-844.04 - Termination of deferred retirement option plan participation

38-844.04.  Termination of deferred retirement option plan participation A. A member may terminate participation in the deferred retirement option plan by voluntarily terminating employment at any time before the completion of the deferred retirement option plan participation period designated by the member on the appropriate deferred retirement option plan participation form. B. Participation in the deferred retirement option plan terminates on the first occurrence of any of the following: 1. Completion of the deferred retirement option plan participation period designated by the member on the appropriate deferred retirement option plan participation form. 2. Termination of employment. If termination of employment for cause is reversed,  a member's participation in the deferred retirement option plan,  minus any benefits previously distributed pursuant to this article,  shall be reinstated for the duration of the original deferred retirement option plan participation period designated by the member on the appropriate deferred retirement option plan participation form. 3. Death of the member. 4. Approval of disability retirement benefits pursuant to section 38-844,  subsection B.
AZ Rev Stat § 38-844.05 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-844.05 - Deferred retirement option benefits and participation accounts

38-844.05.  Deferred retirement option benefits and participation accounts A. A deferred retirement option plan participation account is an account established within the system on behalf of each deferred retirement option plan participant. All benefits accrued pursuant to this article shall be accounted for in the deferred retirement option plan participation account. A deferred retirement option plan participant does not have a claim on the assets of the system with respect to the member's deferred retirement option plan participation account and assets shall not be set aside for any deferred retirement option plan participant that are separate from all other system assets. B. All amounts credited to a member's deferred retirement option plan participation account are fully vested. C. A member's deferred retirement option plan participation account shall be credited with the following: 1. An amount,  credited monthly,  that is computed in the same manner as a normal retirement benefit using the factors of credited service and average monthly benefit compensation in effect on the date of deferred retirement option plan participation. 2. An amount,  credited monthly,  that represents interest on the amount credited pursuant to paragraph 1 of this subsection at a rate equal to the assumed rate of return determined by the board. D. The participant is not entitled to receive any amount prescribed by section 38-856.05 or 38-857 during the deferred retirement option plan participation period.
AZ Rev Stat § 38-844.06 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-844.06 - Additional deferred retirement option plan provisions

38-844.06.  Additional deferred retirement option plan provisions A. Beginning on the day after the date the member elects to participate in the deferred retirement option plan,  employee and employer contributions pursuant to section 38-843 cease with respect to that member. B. A member who elects to participate in the deferred retirement option plan and who develops a disability during the period of deferred retirement option plan participation is eligible to apply for disability retirement benefits. If the application for disability retirement benefits is approved by the local board: 1. The disability retirement benefits shall be computed using the factors of credited service and average monthly benefit compensation in effect the day before the effective date of the member's deferred retirement option plan participation. 2. All amounts in the member's deferred retirement option plan participation account shall be distributed pursuant to section 38-844.08. C. If a member dies during the period of the member's deferred retirement option plan participation,  the entire amount in the member's deferred retirement option plan participation account shall be transferred by the system's trustee directly to the trustee of the public safety personnel defined contribution retirement plan established pursuant to article 4.1 of this chapter and deposited in an account established on behalf of the deceased member. On deposit of the monies in the account,  the monies shall be made immediately available to the member's beneficiary to either withdraw all or any portion of the monies or directly transfer all or any portion of the monies to an eligible retirement plan in accordance with section 401(a)(31) of the internal revenue code.
AZ Rev Stat § 38-844.07 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-844.07 - Designation of deferred retirement option plan beneficiaries

38-844.07.  Designation of deferred retirement option plan beneficiaries A. A member who elects to participate in the deferred retirement option plan shall designate a beneficiary. A member's beneficiary designation applies to all amounts in the member's deferred retirement option plan participation account. B. If a designated beneficiary predeceases a deferred retirement option plan participant who dies before designating a new beneficiary,  the beneficiary of the participant's deferred retirement option plan participation account shall be the following persons in the following order of priority: 1. The participant's surviving spouse. 2. The participant's natural or adopted children in equal shares. 3. The participant's estate. C. A member shall not make a beneficiary designation pursuant to this section that results in an abrogation of a member's community property obligations under the applicable laws of this state.
AZ Rev Stat § 38-844.08 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-844.08 - Payment of deferred retirement option plan benefits

38-844.08.  Payment of deferred retirement option plan benefits A. On the simultaneous termination of deferred retirement option plan participation and employment,  a member is entitled to receive all of the following: 1. The monthly retirement allowance in the amount determined pursuant to section 38-845 that was credited monthly to the member's deferred retirement option plan participation account at the date of termination of deferred retirement option plan participation. 2. All amounts credited to the member's deferred retirement option plan participation account on the effective date of termination of deferred retirement option plan participation. B. The form of payment shall be a lump sum distribution that is directly deposited in an account created for the member in the public safety personnel defined contribution retirement plan established by article 4.1 of this chapter. On deposit of the lump sum payment,  the member shall immediately be able to either withdraw all or any portion of the lump sum deposit or directly transfer all or any portion of the lump sum deposit to an eligible retirement plan as required by section 401(a)(31) of the internal revenue code.
AZ Rev Stat § 38-844.09 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-844.09 - Internal revenue code compliance

38-844.09.  Internal revenue code compliance The deferred retirement plan option shall not jeopardize in any way the tax qualified status of the system under the rules of the internal revenue service. The board may adopt additional provisions to the extent necessary or appropriate for the deferred retirement option plan to comply with applicable federal laws or rules.
AZ Rev Stat § 38-845.01 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-845.01 - Maximum annual pension; limitations; definition

38-845.01.  Maximum annual pension;  limitations;  definition A. The maximum annual pension for a limitation year shall not exceed the following: 1. For limitation years beginning before 1995,  the lesser of ninety thousand dollars,  as indexed for inflation,  or one hundred per cent of the member's average monthly benefit compensation. 2. For limitation years beginning in 1995 and ending before 2002,  ninety thousand dollars,  as indexed for inflation. 3. For limitation years ending in and after 2002,  one hundred sixty thousand dollars,  as indexed for inflation. B. The limitations prescribed in subsection A shall be determined under section 415 of the internal revenue code and the regulations that are then in effect under that section. C. Notwithstanding this section,  the pension payable under this system may be reduced to the extent necessary,  as determined by the system,  to prevent disqualification of the system under section 415 of the internal revenue code,  which imposes additional limitations on the pension payable to members who also may be participating in another tax qualified pension plan or other plan of this state. The system shall advise affected members of any additional limitation of their pension required by this section. D. For the purposes of this section,  " limitation year"  means the system's fiscal year.
AZ Rev Stat § 38-845.02 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-845.02 - Payment of pension

38-845.02.  Payment of pension The board shall not make a retroactive payment of a pension to a person that is more than one hundred eighty days before the date of the person's application for benefits.
AZ Rev Stat § 38-845.03 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-845.03 - Early retirement

38-845.03.  Early retirement Members who are hired on or after July 1,  2017 and who have earned at least fifteen years of credited service may retire at fifty-two and one-half years of age and will receive an actuarially equivalent retirement benefit to the benefit amount prescribed in section 38-845,  subsection H.