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Here's What's New!

New Contribution Rates to Take Effect July 1st

The total contribution rate for the ASRS defined benefit plan and LTD program will increase slightly from the current rate of 11.54 percent to 11.60 percent, effective Tuesday, July 1st.

Going Green(er)! Benefit Advice Notice Mailings to Discontinue

In an effort to reduce costs and in keeping with our efforts to “go green and save,” the ASRS will discontinue mailing monthly direct deposit benefit advices to retirees as of January 1, 2015.

Legislative Wrap-Up

The State Legislature adjourned April 24 in what was a relatively uneventful session for new or revised laws that will affect ASRS members and retirees. Several bills that are important to the ASRS did pass and have been signed into law. But for the most part, they affect policies and procedures that will not have a significant effect on the majority of members.

New Online Feature to Assist Return to Work Retirees

The ASRS has a new online tool that improves the process for ASRS retirees who wish to return to work for an ASRS employer.

Notice to Members Regarding ASRS Service Purchase

Last month, the Arizona Court of Appeals issued a formal Opinion in the lawsuit Pendergast v. ASRS, a case that involves ASRS service purchase options.

Notice of Proposed Rulemaking - Spousal Consent

The Arizona Administrative Code rulemaking pertaining to spousal consent and ASRS benefits as prescribed in Arizona Revised Statutes §38-755, 38-760, 38-776 will have public oral comment on Tuesday, June 3, 2014 at 9 a.m. at the ASRS Phoenix office. See Rules page for additional information on this proposed rulemaking, including proposed text.

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Welcome to the New ASRS Website!

Welcome to the New ASRS Website! Our website has had a complete makeover, with new and exciting features.

Contribution Rates Set for Next Year

Contribution rates for the Defined Benefit Plan for fiscal year 2014-15, which take effect July 1, 2014, will increase slightly from current rates. In the meantime, the funded status of the ASRS plan improved slightly, and is on a positive path for the future.

Annual Report Available Online

Membership in the ASRS reached a record 542,845 for the fiscal year ended June 30, 2013, with an increase of more than 10,000 workers who joined the ranks of retired.

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