Here's What's New!

EMPLOYERS: GASB 68 Update & Reporting Document Now Available

The ASRS' GASB 68 Reporting Document is now available on the GASB Information page.

Investments Staffer Receives ‘Investor Intelligence' Award

ASRS Assistant Chief Investment Officer Dave Underwood has been recognized with the Investor Intelligence Innovator Award for his work with a unique approach to managing the risk profile within public equity portfolios managed by the ASRS.

New ASRS Retirement Planning Dashboard

To help members navigate the process of retiring from the ASRS, a new dashboard has been released, called "Retirement Central". Retirement Central puts everything a member needs to know about retiring from the ASRS in one place. Find it on the top navigation bar.

The new Financial Horizons newsletter is out!

The latest issue of Financial Horizons, our annual member publication, has been mailed to all active, inactive and retired members who have a mailing address on file with the ASRS.

Leased Employees and ASRS Membership Obligations

ASRS member employers that contract with such third-party vendors should not assume such arrangements automatically nullify employees from continued participation in the ASRS.

Service Purchase change: Limitation lifted for eligible members

Due to a recent court case, the Arizona State Retirement System will now allow members with a membership date prior to July 20, 2011 to purchase any and all eligible Other Public Service, Military Service and Leave of Absence Service.

ASRS honored with Performance Excellence Awards

The Arizona State Retirement System recently received two awards from the Southwest Alliance for Excellence for two online projects designed to assist members. The Southwest Alliance for Excellence, formerly the Arizona Quality Alliance, recognizes organizations for excellence in quality, performance and outcomes through a program modeled after the Malcom Baldridge Award.

Web Maintenance scheduled for secured section of website

Please note that the secured section of the ASRS website will be down for maintenance beginning approximately 5 p.m. on Friday, Dec. 19. Members, retirees and employers will be able to access the main ASRS web pages, but the log-in function will be unavailable for use. The secure section is expected to be functional on Saturday, Dec. 20. We apologize for the inconvenience.

Information for same-sex married members

As of October 17, 2014, Arizona has legally recognized same sex marriage. As a result, the ASRS has updated its policies and procedures to reflect this change, with the same application of retirement policies and procedures for married individuals regardless of sex or gender. A marriage certificate is the required document for determining if a person is a “spouse.”

Contribution rates to decrease slightly July 1

Beginning July 1, the start of a new fiscal year, contribution rates for the ASRS Defined Benefit Plan paid by members and employers will decrease, albeit nominally.