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Sometimes Age Matters

DIGITAL HOUSEKEEPING:

Sometimes Age Matters


By Rosie Tomforde, ASRS Internal Auditor

Are you only 14? Or, is that just what your ASRS record says?

The ASRS Internal Audit division recently identified a member who was listed as a 14-year-old. This unlikely scenario triggered a closer look, which led to an update of this 24-year-old member's account. What was likely just a miscued number in our database, could have unintended consequences down the line.

Members are encouraged to periodically log in to their myASRS account and review their demographic information to be sure it’s accurate.

You may discover that while you know you are a 39-year-old, we think you are 69. Even worse, you could take a non-ASRS job for a few years, move without updating your contact information, and come back to discover that your retirement account has been treated as abandoned because the ASRS thought you reached age 70 and a half and has been unable to contact you.

Members should also verify that their beneficiary information on file with the ASRS is current. A marriage, birth, death or divorce should all prompt a review of this important designation.

Finally, members are encouraged to verify that the ASRS not only has your correct date of birth and beneficiary information, but also that your address, marital status and gender are also correct and up-to-date.

Log Into myASRS Now

It only takes a few minutes to verify your correct information. While you’re there, you can also see your retirement status and benefit projections.

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