reglab/housing_qa huggingface dataset:
AZ Rev Stat § 38-870.01 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-870.01 - Disability program; administration; power and duties of the board; hearing

38-870.01.  Disability program;  administration;  power and duties of the board;  hearing A. The public safety personnel defined contribution retirement plan disability program is established for participants in the public safety personnel defined contribution retirement plan who either have elected to participate solely in the defined contribution plan established pursuant to article 4.1 of this chapter or are participants as defined in section 38-865,  paragraph 7,  subdivision (b). The board shall administer the disability program. B. The board may delegate authority to administer the program as it deems necessary and prudent to the administrator employed pursuant to section 38-848. C. The board,  in the administration,  management and operation of the program,  shall: 1. Account for the operation,  administration and investment expenses and allocate them against investment income. 2. Contract on a fee basis with an actuary to make an actuarial valuation of the program based on the valuation method and valuation assumptions recommended by the actuary and approved by the board. The actuary shall be a member of the American academy of actuaries. 3. Contract on a fee basis with an independent auditing firm to make an annual audit of the accounting records of the fund and file a copy of the audit with the auditor general. 4. Invest the monies in the fund as provided in article 4 of this chapter. D. The board,  in the administration,  management and operation of the program,  may: 1. Employ services as it deems necessary. 2. Either keep invested monies separate or commingle invested monies as it deems appropriate. 3. Do all acts,  whether expressly authorized,  that may be deemed necessary or proper for the protection of the fund. 4. Determine the rights,  benefits or obligations of any person under this article and afford any person dissatisfied with a determination of the person's rights,  benefits or obligations under this article with a hearing on the determination.
AZ Rev Stat § 38-870.02 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-870.02 - Disability program trust fund

38-870.02.  Disability program trust fund A. The disability program trust fund is established for the purpose of paying benefits under and costs of administering the disability program. The trust fund shall be administered by the board. B. The disability program trust fund consists of all monies paid into the trust fund pursuant to this article,  whether in the form of cash,  securities or other assets,  and all monies received from any other source. Except as provided in subsection C,  paragraph 1 of this section,  the disability program trust fund is exempt from title 44,  chapter 3. C. Abandoned monies shall revert to the disability program trust fund under the following conditions: 1. Monies in the trust fund are presumed abandoned if the system has taken the required action described in this subsection to identify and locate the apparent owner and the apparent owner as defined in section 44-301 has not communicated in writing with the system and has not otherwise indicated an interest in the monies for the three-year period following the required beginning date of distributions. 2. Before monies are presumed abandoned,  the system shall attempt to contact the apparent owner in writing. If this notice is returned by the postal authority as undeliverable,  each year for three years from the date that distributions should have begun,  the system shall make a good faith attempt to locate the apparent owner,  including contacting any known beneficiary on record with the system,  searching public databases to identify the address of the apparent owner or using the services of a third-party address verification service. If the good faith attempt to locate the apparent owner fails,  monies are presumed abandoned pursuant to this subsection. 3. At the time monies are presumed abandoned pursuant to this subsection,  any other property right accrued or accruing to the apparent owner as a result of the interest in those monies,  and not previously presumed abandoned,  is also presumed abandoned. 4. Interest ceases to accrue on the monies on the date the monies are presumed abandoned. D. The custody,  management and investment of the disability program trust fund are as prescribed by this article and article 4 of this chapter.
AZ Rev Stat § 38-870.03 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-870.03 - Eligibility

38-870.03.  Eligibility All participants are subject to this article and shall participate in the disability program.
AZ Rev Stat § 38-870.04 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-870.04 - Employer and participant contributions

38-870.04.  Employer and participant contributions A. Beginning July 1,  2017,  employers shall contribute the percentage of the gross pensionable compensation of all of the participants under their employment so that the total employer contributions equals the amount that the board determines is necessary to pay one-half of all benefits under and costs of administering the disability program. B. Beginning July 1,  2017,  a participant shall contribute a percentage of the participant's gross pensionable compensation equal to the employer contribution for the participant required pursuant to subsection A of this section. C. The employer shall pay the participant contributions required of participants on account of gross pensionable compensation earned. All employer and participant contributions shall be paid to the board. The board shall allocate the contributions to the disability program trust fund and shall place the contributions in the disability program's depository. D. Each employer shall certify on each payroll the amount to be contributed to the disability program and shall remit that amount to the board. E. The department of administration and the treasurer of each county and participating city and town shall transfer to the board the contributions provided for in subsections A and B of this section within ten working days after each payroll date. Contributions transferred after these dates shall include a penalty equal to ten percent per annum,  compounded daily,  for each day that the contributions are late. Delinquent payments due under this subsection,  together with interest charges as provided in this subsection and court costs,  may be recovered by action in a court of competent jurisdiction against the person or persons responsible for the payments or,  at the request of the board,  may be deducted from any other monies,  including excise revenue taxes,  payable to a political subdivision by any department or agency of this state. F. If more than the correct amount of contributions required is paid by an employer,  proper adjustment shall be made in connection with subsequent payments. The board shall return excess contributions to the employer if the employer requests return of the contributions within one year after the date of overpayment. G. Participant contributions are not refundable.
AZ Rev Stat § 38-870.05 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-870.05 - Contribution rate

38-870.05.  Contribution rate A. Employer contributions shall be a percentage of gross pensionable compensation for each participant,  as the system actuary determines pursuant to this section. The actuary shall make this determination in an annual valuation performed as of June 30. The valuation as of June 30 of a calendar year shall determine the percentage to be applied to compensation for the fiscal year beginning July 1 of the following calendar year. The actuary shall determine the total employer contribution using an actuarial cost method consistent with generally accepted actuarial standards. The total employer contributions shall be equal to the employer normal cost plus the amount required to amortize the past service funding requirement over a period consistent with generally accepted actuarial standards. B. All contributions made by the employer and allocated to the disability program trust fund established by section 38-870.02 are irrevocable and shall be used as benefits under this article or to pay expenses of the disability program.
AZ Rev Stat § 38-870.06 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-870.06 - Disability program benefit

38-870.06.  Disability program benefit A. The local board shall follow the same procedures and method as prescribed in section 38-844,  for a participant who is employed by an employer as defined in section 38-842,  and section 38-886,  for a participant who is employed by an employer as defined in section 38-881,  to determine eligibility for and continuation of a disability benefit and in computing the amount available to the participant. A participant is not eligible for a disability benefit under this article for an ordinary disability as defined in section 38-881. A participant is not eligible for a disability benefit under this article for an ordinary disability as defined in section 38-842. B. A participant,  as defined in section 38-865,  paragraph 7,  subdivision (a),  item (i),  who meets the requirements for a disability pension as prescribed in section 38-844,  except for an ordinary disability,  shall receive a monthly disability benefit equal to a monthly disability pension that would be provided to a public safety personnel retirement system member who is hired on or after July 1,  2017,  reduced by an amount equal to the monthly annuitized value of the participant's annuity account under article 4.1 of this chapter that does not include a cost-of-living adjustment,  as determined by the board. A participant,  as defined in section 38-865,  paragraph 7,  subdivision (b),  who meets the requirements for a disability pension as prescribed in section 38-886,  except for an ordinary disability,  shall receive a monthly disability benefit equal to a monthly disability pension that would be provided to a corrections officer retirement plan member who is hired on or after July 1,  2018,  reduced by an amount equal to the monthly annuitized value of the participant's annuity account under article 4.1 of this chapter that does not include a cost-of-living adjustment,  as determined by the board. In determining the monthly annuitized offset value of the participant's annuity account under article 4.1 of this chapter to be used in reducing the disability benefit paid pursuant to this section,  the board shall instruct its actuary to calculate the monthly payment that would be paid to the participant assuming the participant had elected a straight life annuity commencing on the participant's date of disability,  using the mortality and interest factors then used by the actuary in determining the valuation of the public safety personnel retirement system or the corrections officer retirement plan,  as applicable.
AZ Rev Stat § 38-870.07 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-870.07 - Death benefits; survivor or eligible child

38-870.07.  Death benefits;  survivor or eligible child A. If a participant,  as defined in section 38-865,  paragraph 7,  subdivision (a),  item (i),  is killed in the line of duty or dies from injuries suffered in the line of duty,  the local board shall follow the same procedures and methods as prescribed in section 38-846 to determine eligibility for and the continuation of a death benefit to a surviving spouse or any eligible child. B. A surviving spouse or eligible child of a participant as specified in subsection A of this section who meets the requirements for a death benefit as prescribed in section 38-846 shall receive a monthly death benefit equal to a monthly death pension that would be provided to a public safety personnel retirement system member who is hired on or after July 1,  2017,  reduced by an amount equal to the monthly annuitized value of the participant's annuity account under article 4.1 of this chapter that does not include a cost-of-living adjustment,  as determined by the board. In determining the monthly annuitized offset value of the participant's annuity account under article 4.1 of this chapter to be used in reducing the death benefit paid pursuant to this section,  the board shall instruct its actuary to calculate the monthly payment that would be paid to the surviving spouse or eligible child assuming the participant had elected a straight life annuity commencing on the participant's date of death,  using the mortality and interest factors then used by the actuary in determining the valuation of the public safety personnel retirement system.
AZ Rev Stat § 38-870.08 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-870.08 - Death benefits; surviving spouse; eligible child

38-870.08.  Death benefits;  surviving spouse;  eligible child A. If a participant,  as defined in section 38-865,  paragraph 7,  subdivision (b),  is killed in the line of duty or dies from injuries suffered in the line of duty,  the local board shall follow the same procedures and methods as prescribed in section 38-888 to determine eligibility for and the continuation of a death benefit to a surviving spouse or any eligible child. B. A surviving spouse or eligible child of a participant as specified in subsection A of this section who meets the requirements for a death benefit as prescribed in section 38-888 shall receive a monthly death benefit equal to a monthly death pension that would be provided to a corrections officer retirement plan member who is hired on or after July 1,  2018,  reduced by an amount equal to the monthly annuitized value of the participant's annuity account under article 4.1 of this chapter that does not include a cost-of-living adjustment,  as determined by the board. In determining the monthly annuitized offset value of the participant's annuity account under article 4.1 of this chapter to be used in reducing the death benefit paid pursuant to this section,  the board shall instruct its actuary to calculate the monthly payment that would be paid to the surviving spouse or eligible child assuming the participant had elected a straight life annuity commencing on the participant's date of death,  using the mortality and interest factors then used by the actuary in determining the valuation of the corrections officer retirement plan.
AZ Rev Stat § 38-871 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-871 - Deferred compensation governing committee; members; powers and duties

38-871.  Deferred compensation governing committee;  members;  powers and duties A. The governing committee for deferred compensation plans is established that consists of the following seven members: 1. Three members who are appointed by the governor and who are either of the following: (a) Individuals who have an account balance in a deferred compensation plan that is overseen by the governing committee. These individuals may be contributing or noncontributing participants in a deferred compensation plan and may be retired or nonretired. (b) Members of the public who are not deferred compensation plan participants and who have at least ten years of relevant experience in either finance,  investment management,  pension plans or retirement plans. 2. The director of the department of administration or the director's designee. 3. The deputy director of the financial institutions division of the department of insurance and financial institutions or the deputy director's designee. 4. The director of the department of insurance and financial institutions or the director's designee. 5. The director of the Arizona state retirement system or the director's designee. B. Governing committee members are subject to the conflict of interest provisions of chapter 3,  article 8 of this title. C. The governing committee may: 1. Investigate and approve deferred compensation plans that give state employees income tax benefits authorized by title 26,  United States Code Annotated. 2. In carrying out the purposes of this article,  enter into agreements with companies with demonstrable expertise in the areas encompassed by this article. 3. Adopt rules. D. The governing committee shall: 1. Arrange for consolidated billing and efficient administrative services so that any plans approved operate without cost or contribution from this state except for the incidental expenses of statutorily required administrative duties and the administration of payroll salary deduction or reduction and remittance of the monies to the administrator,  trustee or custodian of the plan or plans. 2. Meet quarterly or more frequently as the committee deems necessary. 3. Arrange for an annual financial audit of the plans. 4. Arrange for a performance review of the plans or participation in benchmarking surveys or studies at least every five years.
AZ Rev Stat § 38-875 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-875 - Definitions

38-875.  Definitions In this article,  unless the context otherwise requires: 1. " Board"  means the board of trustees of the public safety personnel retirement system established by section 38-848. 2. " Deferred compensation plan"  means an eligible deferred compensation plan as defined in section 457(b) of the internal revenue code.  3. " Employer"  means any entity that participates as an employer in a retirement system or plan that is administered by the board.  4. " Participant"  means any individual who is employed by an employer and who is enrolled in one of the retirement systems or plans administered by the board.
AZ Rev Stat § 38-876 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-876 - Deferred compensation plan; administration

38-876.  Deferred compensation plan;  administration A. The board shall establish,  design and administer a deferred compensation plan in which a participant may participate. B. The board,  in the administration,  management and operation of the deferred compensation plan,  may:  1. Employ services as it deems necessary,  including legal services,  for the operation and administration of the deferred compensation plan. 2. Administer the deferred compensation plan through contracts with multiple vendors.  3. Perform all acts that it deems necessary and proper for the operation and protection of the deferred compensation plan.
AZ Rev Stat § 38-877 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-877 - Voluntary participation; authorization; payroll salary deductions; employer contributions

38-877.  Voluntary participation;  authorization;  payroll salary deductions;  employer contributions A. A participant may participate in the deferred compensation plan established pursuant to this article. A participant in the deferred compensation plan shall authorize the participant's employer in writing to make reductions or deductions in the participant's remuneration as provided in an executed deferred compensation agreement.  B. Each employer shall initiate payroll salary reductions or deductions for the deferred compensation plan as directed by their employees who are participating in the deferred compensation plan.  C. An employer may make contributions to the deferred compensation plan as selected by the employer and allowed by law.
AZ Rev Stat § 38-878 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-878 - Effect of participation

38-878.  Effect of participation A. Any benefits provided pursuant to this article are in addition to any other benefits provided for the participants and are supplemental to any other retirement plan under which such participants participate. B. Any income deferred under the deferred compensation plan are included as regular compensation for the purpose of computing the retirement and pension benefits earned by an employee participating in the deferred compensation plan and in any other plan maintained by the employee's employer,  unless specifically excluded under the other plan or the state laws governing such other plan.
AZ Rev Stat § 38-882 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-882 - Corrections officer retirement plan and fund; administration

38-882.  Corrections officer retirement plan and fund;  administration A. The corrections officer retirement plan and the corrections officer retirement plan fund are established. B. The fund consists of the monies and assets generated by the operation of the retirement plan. The fund shall be used exclusively to pay benefits to and on behalf of members and beneficiaries in accordance with the provisions of this article and to pay the administration,  operation and investment expenses of the plan and fund. In no case shall all or any portion of the fund revert or otherwise be paid to an employer. C. The board is entitled to administer,  manage and operate the plan and fund.  D. The corrections officer retirement plan is a jural entity that may sue and be sued.
AZ Rev Stat § 38-883 (2021)
2021 Arizona Revised Statutes|Title 38 - Public Officers and Employees|§ 38-883 - Board of trustees; powers and duties; reporting requirements

38-883.  Board of trustees;  powers and duties;  reporting requirements A. The board shall: 1. Maintain records of the operation and administration of the plan and fund. 2. Contract on a fee basis for an independent annual audit of the accounting records of the plan and fund and file a copy of the audit report with the auditor general. 3. Employ on a fee basis an independent firm of actuaries to perform annual actuarial valuations for each participating employer of the plan and fund based on an actuarial cost method and actuarial assumptions recommended by the actuary and adopted by the board. The actuarial valuations shall be performed by or under the direct supervision of an actuary who is a member of the American academy of actuaries. By November 1 of each year,  the board shall provide a preliminary report and by December 1 of each year provide a final report to the governor,  the speaker of the house of representatives and the president of the senate on the contribution rate for the ensuing fiscal year. 4. Invest and reinvest the monies and assets of the fund in accordance with the investment provisions of the public safety personnel retirement system. The board may commingle securities and monies of the fund subject to the crediting of receipts and earnings and charging of payments to the account of the appropriate employer. 5. Submit a detailed annual report of the operation and investment performance of the plan and fund to the governor,  the legislature and the members of the plan. The board shall submit the annual report not later than six months after the end of the fiscal year to which it pertains. B. The board of trustees may: 1. Employ services it deems necessary,  including legal services,  for the operation and administration of the plan and fund. 2. Utilize separate or commingled investment vehicles. 3. Delegate authority to the administrator employed pursuant to section 38-848,  subsection M,  paragraph 6. 4. Appear before local boards and the courts and political subdivisions of this state through counsel or appointed representatives to protect the fund. The board of trustees is not responsible for the actions or omissions of the local boards under this plan but may seek review or a rehearing of actions or omissions of local boards. The board of trustees does not have a duty to review actions of the local boards but may do so,  in its discretion,  in order to protect the fund. 5. Perform all acts,  whether or not expressly authorized,  that it deems necessary and proper for the protection of the plan and fund.