Senate: First reading; Senate: Referred to Rules
Summary
The bill changes Arizona law so that if a public‑employee retiree or former contributor dies without a pension, their designated beneficiary receives a lump‑sum equal to twice the contributions made. It also clarifies that surviving children receive a portion of a surviving spouse’s pension, with special rules for minors, disabled children, and guardianship. The changes affect retirees, inactive plan members, their families, and the state retirement board.
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