HB 2433
Initials AF Page 1 Appropriations
ARIZONA HOUSE OF REPRESENTATIVES
Fifty-sixth Legislature
First Regular Session
HB 2433: technical correction; occupational safety; exemption
S/E: pensions; domestic relations orders
Sponsor: Representative Livingston, LD 28
Committee on Appropriations
Summary of the Strike-Everything Amendment to HB 2433
Overview
States the value of a pension participant's benefit subject to a domestic relations order is the value
at the time of the date of the service of the petition for annulment, dissolution of marriage or legal
separation (Date of Service).
History
Arizona maintains two primary public pension systems: the Arizona State Retirement System
(ASRS; A.R.S. § 38-712) and the Public Safety Personnel Retirement System (PSPRS; A.R.S. §
38-841). Within PSPRS, there are also separate plans for corrections officers (CORP; A.R.S. §
38-882) and elected officials (EORP; A.R.S. § 38-802).
Each of these pension plans allows a court to issue a domestic relations order that provides all or
any part of a participant's benefit or refund in the system that would otherwise be payable to that
participant to instead be paid to an alternate payee. A domestic relations order arises out of a
judicial proceeding for annulment, dissolution of marriage or legal separation that provides for the
distribution of community property, or in any judicial proceeding to amend or enforce a property
distribution (A.R.S. §§ 38-773; 38-822; 38-860; 38-910).
Provisions
1. Requires an acceptable domestic relations order for the ASRS to be valued on the Date of
Service. (Sec. 1)
2. Sets the value of an EORP, PSPRS or CORP participant's benefit for the purposes of a
domestic relations order at the value on the Date of Service. (Sec. 2, 3, 4)
3. Makes technical and conforming changes. (Sec. 1-4)
☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal Note