Arizona § 38-877 Voluntary participation; authorization; payroll salary deductions; employer contributions

Arizona Statutes

§ 38-877 — Voluntary participation; authorization; payroll salary deductions; employer contributions

Arizona § 38-877

Title 38Arizona Revised Statutes

Ch. 5SOCIAL SECURITY AND RETIREMENT

Art. 5.Public Safety Personnel Retirement System Deferred Compensation Plan

This text of Arizona § 38-877 (Voluntary participation; authorization; payroll salary deductions; employer contributions) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 38-877 (2026).

Text

A.A participant may participate in the deferred compensation plan established pursuant to this article. A participant in the deferred compensation plan shall authorize the participant's employer in writing to make reductions or deductions in the participant's remuneration as provided in an executed deferred compensation agreement.

B.Each employer shall initiate payroll salary reductions or deductions for the deferred compensation plan as directed by their employees who are participating in the deferred compensation plan.

C.An employer may make contributions to the deferred compensation plan as selected by the employer and allowed by law.

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A. A participant may participate in the deferred compensation plan established pursuant to this article. A participant in the deferred compensation plan shall authorize the participant's employer in writing to make reductions or deductions in the participant's remuneration as provided in an executed deferred compensation agreement.

B. Each employer shall initiate payroll salary reductions or deductions for the deferred compensation plan as directed by their employees who are participating in the deferred compensation plan.

C. An employer may make contributions to the deferred compensation plan as selected by the employer and allowed by law.