A. Any benefits provided pursuant to this article are in addition to any other benefits provided for the participants and are supplemental to any other retirement plan under which such participants participate.

Terms Used In Arizona Laws 38-878

  • Deferred compensation plan: means an eligible deferred compensation plan as defined in section 457(b) of the internal revenue code. See Arizona Laws 38-875
  • Employer: means any entity that participates as an employer in a retirement system or plan that is administered by the board. See Arizona Laws 38-875

B. Any income deferred under the deferred compensation plan are included as regular compensation for the purpose of computing the retirement and pension benefits earned by an employee participating in the deferred compensation plan and in any other plan maintained by the employee’s employer, unless specifically excluded under the other plan or the state laws governing such other plan.

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