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Effective June 28, 2022, Senate Bill 1082 allowed ASRS employers to prepay pension contributions with the ASRS and designated that they may utilize funding to be applied towards employer contribution payments for a self-designated time at some point in the future. The employer may also opt to leave the prepaid contributions, allowing the amount to continue to accrue earnings based on the amount contributed as a prepayment.  This became the Contribution Prepayment Program or CPP.  

The most common issue employer web contact the ASRS about when registering or resetting their password is “My employer’s name is not in the drop-down list. What do I do?” 

Under the statutes governing the Public Safety Personnel Retirement System (PSPRS), and the Arizona State Retirement System (ASRS), a retired PSPRS member who returns to work with an employer participating in the ASRS and receives PSPRS pension payments during such employment is not exempt from membership in ASRS, if the PSPRS retiree otherwise satisfies the ASRS membership requirements during such period of re-employment.

One of the steps ASRS retirees are required to complete when they return to work (RTW) for an ASRS employer is the Working After Retirement smart form, also sometimes referred to as the RTW form, through their myASRS secure account within 30 days of returning to work. This requirement is outlined in Arizona Administrative Code (A.A.C.) R2-8-117 (B).

Upon retirement, an Ending Payroll Verification (EPV) form for the retiring member is requested from all employers who have submitted contributions on behalf of the member within the last three years prior to the member’s effective retirement date. EPV forms are also sent to all employers of a retiring member who has attained the IRS Required Minimum Distribution (RMD) age, regardless of how long ago the member last contributed.

The Check Member Eligibility Tool application was designed for two primary purposes: 

Legislation that passed in 2011 under Senate Bill 1609 authorized the Arizona State Retirement System (ASRS) to implement an Alternate Contribution Rate (ACR) for employers that hire ASRS retirees who return to work. 

When thinking about how to keep your myASRS account secure, most probably only think about having a strong password. And, while this absolutely helps, you may want to put some thought into your Login ID as well.

If you’ve recently moved outside of Arizona – or have been thinking about it – there’s some important information you should know regarding your pension and benefits provided by the ASRS. 

State Tax Implications