continuation; PSPRS

This Arizona bill extends the operation of the Public Safety Personnel Retirement System Board of Trustees until July 1, 2028, allowing it to continue managing retirement funds for public safety employees and elected officials. Under the new rules, the board will oversee investments and benefit distributions for several specific retirement plans, including those for corrections officers and public safety personnel. The legislation also repeals an existing statute and sets a final termination date for the board and related retirement laws on January 1, 2029. These changes apply retroactively to July 1, 2024, ensuring the board's authority remains in place for the specified period.