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SB 1018 - ASRS; compensation; definition

Tracking Level: Monitor
Sponsor: David Livingston (R)
Last Action: 5/7/2019 - Chapter 181
Senate Committee: Rules
House Committee: Rules

Staff Analysis of the Legislation

For members of the Arizona State Retirement System (ASRS) whose membership began on or after January 1, 2020, the definition of "compensation" for the purpose of calculating retirement benefits is modified to mean only gross wages paid to the member by the employer for services rendered during the period considered as credited service, with a list of specified exclusions.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text / PDF

ASRS; compensation; definition


ASRS; compensation; definition

Introduction Date:

Monday, January 14, 2019