Assigned to FIN FOR COMMITTEE ARIZONA STATE SENATE Fifty-Seventh Legislature, First Regular Session FACT SHEET FOR S.B. 1058 retirement; reemployment; school resource officer Purpose Exempts school resource officers (SROs) from limitations on receiving pensions payments from the Public Safety Personnel Retirement System (PSPRS) after retiring and subsequently becoming reemployed. Background Statute requires certain conditions to apply if a member of PSPRS retires and then becomes reemployed in any capacity by the employer from which the member retired within six months after the date of retirement or becomes reemployed in the same position at any time following retirement. These conditions include: 1) within 10 days after the retired member is reemployed, the local board must advise PSPRS in writing of the retired member's reemployment; 2) PSPRS must not make pension payments to the retired member during the period of reemployment; and 3) any pension payments received by the retired member during the period of reemployment are considered overpayments and may be subject to repayment. However, these conditions do not apply in certain circumstances, including if the retired member is hired as a fire inspector or arson investigator (A.R.S. ยง 38-849). There is no anticipated fiscal impact to the state General Fund associated with this legislation. Provisions 1. Exempts a PSPRS member who is reemployed as an SRO from limitations on receiving pension payments from PSPRS after retiring. 2. Makes technical changes. 3. Becomes effective on the general effective date. Prepared by Senate Research January 23, 2025 MG/KP/ci