Bill > SB1712

This bill addresses retirement systems for judges, elected officials, and court employees in Arizona, making several key changes. The bill creates a new provision that allows judicial officers, court clerks, and elected officials who are elected or appointed on or after July 1, 2026, to make a one-time, irrevocable election to participate either solely in the Arizona State Retirement System (ASRS) or in the elected officials' defined contribution retirement system. If no election is made within 90 days of appointment, they will be automatically enrolled in ASRS. The bill also makes several technical modifications to existing statutes, including adjusting fee distribution percentages (such as slightly reducing the percentage going to the elected officials' retirement plan fund and adding a 0.30 percent allocation to the state general fund) and updating definitions related to elected officials and retirement systems. Additionally, the bill includes a $150,000 appropriation to the Arizona Administrative Office of the Courts to cover employer contribution costs associated with these changes. The modifications aim to provide more flexibility for new judicial and elected officials in choosing their retirement plan while making some minor financial adjustments to existing funding mechanisms. The bill will take effect on June 30, 2026.

Budget and Finance

https://apps.azleg.gov/BillStatus/BillOverview/83184