House Bill 2329 introduces changes to the retirement plan options for corrections and detention employees in Arizona. The bill allows these employees, hired on or after July 1, 2025, to choose between the Corrections Officer Retirement Plan (CORP), a defined benefits plan, and the Public Safety Personnel Defined Contribution Retirement Plan (PSPDCP), a defined contribution plan. The bill mandates that the Public Safety Personnel Retirement System (PSPRS) Board of Trustees provide information about both plans to new employees within their first 60 days of employment. Additionally, employees have 90 days from the start of employment to make their choice, with CORP being the default option if no election is made. The bill also grants employees hired between July 1, 2018, and the effective date of this Act a one-time 90-day window to switch from PSPDCP to CORP, if they choose to do so.
The bill includes technical and conforming changes, such as the amendment of section 41-2562 of the Arizona Revised Statutes, which relates to procurement. It removes the requirement for procurement solicitations for commodities containing volatile organic compounds to request substitute commodities with lower or no volatile organic content, ensuring that substitute products do not have increased toxicity compared to the original commodity.
Statutes affected: Introduced Version: 41-2562