Arizona legislation · Fifty-seventh Legislature - Second Regular Session (2026)
Arizona SB1270: correctional officers; supplemental contributions
Status: Chaptered, June 19, 2026
SB1270 - correctional officers; supplemental contributions
What the bill says
An act Amending section 38-867, Arizona Revised Statutes; relating to the Public safety personnel defined contribution retirement plan. Section [DELETED: 1.] 1. Section 38-867, Arizona Revised Statutes, is amended to member; employer; pickup A. Each participant in the defined contribution plan shall contribute the following percentage of the participant's gross pensionable compensation by salary reduction that shall be deposited in the participant's annuity account: 1. For a participant as defined in section 38-865, paragraph 7, subdivision (a), item (ii), th.
From the chaptered text, June 26, 2026:
AN ACT Amending section 38-867, Arizona Revised Statutes; relating to the Public safety personnel defined contribution retirement plan. (TEXT OF BILL BEGINS ON NEXT PAGE) Section [DELETED: 1.] 1. Section 38-867, Arizona Revised Statutes, is amended to member; employer; pickup A. Each participant in the defined contribution plan shall contribute the following percentage of the participant's gross pensionable compensation by salary reduction that shall be deposited in the participant's annuity account: 1. For a participant as defined in section 38-865, paragraph 7, subdivision (a), item (ii), three percent. 2. For a participant as defined in section 38-865, paragraph 7, subdivision (a), item (i), nine percent. 3. For a participant as defined in section 38-865, paragraph 7, subdivision (b), seven percent. B. A participant as defined in section 38-865 may make a onetime irrevocable election, before the participant is eligible to participate in any qualified plan of the employer, to contribute more than the percentage of the participant's gross pensionable compensation specified in this section, up to the amount allowable under section 415(c) of the internal revenue code. A participant as defined in section 38-865, paragraph 7, subdivision (b) may make a onetime irrevocable election, before the participant is eligible to participate in any qualified plan of the employer, to contribute less than the percentage of the participant's gross pensionable compensation …