March 3, 2020 Board Meeting Notice And Agenda Posted: February 25, 2020
The retirement benefits for probation, surveillance and juvenile detention officers hired on or after July 1, 2018, will change due to pension reforms passed in 2017.
These reforms do not impact current members and retirees of the Corrections Officer Retirement Plan, better known as CORP.
However, employers must learn the benefit changes. The Public Safety Personnel Retirement System, Plan Administrator for CORP, has created a web page to help employers implement the reforms.
The web page includes:
CORP Reform is intended to bring added sustainability and employer and taxpayer cost-savings to public pensions in Arizona.
Kevin Kluge, Board Chair
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