An ASRS Funding Policy, a formal document outlining the strategies and goals for assuring the long-term sustainability of the ASRS plans, is now available for review under the ASRS Policies page on our website.
The six-page document outlines the formal methodology for financing the pension, health insurance and long-term disability plan obligations. Each plan is sustainable with current assets, plus future contributions from employees and employers, plus investment earnings.
Discussed in the document are actuarial methods and funded statuses, benefit costing perspectives, inter-generational equity perspectives, investment approaches, transparency and governance.
View the Funding Policy under the ASRS Policies page.
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