This bill proposes to amend section 38-852.01 of the Arizona Revised Statutes, specifically regarding the public safety personnel retirement system. The current law states that benefits received under this article or prior retirement systems shall not be reduced due to payments from the federal old age and survivors insurance system.
The bill updates the effective date of this provision to April 29, 1973, removing the phrase "the effective date of this section" and the language "now or hereafter." This change clarifies the timeline for when the benefits protection applies, ensuring that all benefits received since that date remain unaffected by federal insurance payments.
Statutes affected: Introduced Version: 38-852.01