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A Summary of Recent ASRS Legislation

The 54th Legislature, First Regular Session adjourned sine die on May 28, 2019 and the general effective date for legislation that was passed and signed by the Governor is August 27, 2019.  The legislature passed two bills that have a relatively minor impact on members and retirees. Below is a brief summary. You can also find more detailed information about these bills and other retirement-related bills in the 2019 Legislative Summary book at AzASRS.gov, on the Legislation page under the About Us tab.

Senate Bill 1018: ASRS; Compensation; Definition

This bill makes changes to A.R.S. § 38-711 to define “compensation” for new members as of January 1, 2020. Certain types of pay that are not included as salary and wages on the member’s federal W-2 tax form, will not be considered as “compensation” for ASRS purposes.

Senate Bill 1079: ASRS; Long-Term Disability (LTD)Program

This bill makes changes to A.R.S. § 38-797.07 to remove redundant definitions, change the definition of “disability,” and limit the amount of available disability benefits to no more than 100% of the member’s pre-disability compensation. It also authorizes the ASRS or its contracted administrator to investigate information related to the falsification of information or records related to the LTD Program.

Be sure to visit our website to see all the latest legislative updates, state statutes, and administrative rules related to the ASRS and public retirement plans. 

    • Follow legislative sessions on ASRS’ Bill Tracker.
    • Check Arizona Revised Statutes.
    • Check ASRS administrative rules.

Look for the Legislation and Rules sections on AzASRS.gov for details and links.

by Jessica Thomas, Government Relations Officer

Published in Expanding Your Financial Horizons digital newsletter August 2019 

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