Arizona Laws 38-840.10. Exemption from execution and attachment; taxation
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A. The employer and member contributions and the securities in the EODC disability program trust fund established by Section 38-840.02 are not subject to execution or attachment and are nonassignable. The employer and member contributions and the securities in the EODC disability program trust fund established by Section 38-840.02 are exempt from state, county and municipal income taxes. Benefits received by a member from the EODC disability program are subject to tax pursuant to title 43.
Terms Used In Arizona Laws 38-840.10
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- program: means the elected officials' defined contribution retirement system disability program established by this article. See Arizona Laws 38-840
B. Interest, earnings and all other credits on monies in the EODC disability program trust fund are not subject to execution or attachment and are nonassignable.