Arizona § 38-882 Corrections officer retirement plan and fund; administration

Arizona Statutes

§ 38-882 — Corrections officer retirement plan and fund; administration

Arizona § 38-882

Title 38Arizona Revised Statutes

Ch. 5SOCIAL SECURITY AND RETIREMENT

Art. 6Corrections Officer Retirement Plan

This text of Arizona § 38-882 (Corrections officer retirement plan and fund; administration) 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. § 38-882 (2026).

Text

A.The corrections officer retirement plan and the corrections officer retirement plan fund are established.

B.The fund consists of the monies and assets generated by the operation of the retirement plan. The fund shall be used exclusively to pay benefits to and on behalf of members and beneficiaries in accordance with the provisions of this article and to pay the administration, operation and investment expenses of the plan and fund. In no case shall all or any portion of the fund revert or otherwise be paid to an employer.

C.The board is entitled to administer, manage and operate the plan and fund.

D.The corrections officer retirement plan is a jural entity that may sue and be sued.

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A. The corrections officer retirement plan and the corrections officer retirement plan fund are established.

B. The fund consists of the monies and assets generated by the operation of the retirement plan. The fund shall be used exclusively to pay benefits to and on behalf of members and beneficiaries in accordance with the provisions of this article and to pay the administration, operation and investment expenses of the plan and fund. In no case shall all or any portion of the fund revert or otherwise be paid to an employer.

C. The board is entitled to administer, manage and operate the plan and fund.

D. The corrections officer retirement plan is a jural entity that may sue and be sued.