Here's What's New!

If you’re actively contributing to the ASRS, you may not realize your membership includes Long Term Disability (LTD).  It’s often overlooked by most active members, since less than 2% of them ever need it.  As a result, there are also misconceptions about how the program works.

As a reminder, the new federal tax tables and 2019 retiree insurance premiums will be applied to pension checks in February and may affect your net benefit payments.

This can be a complex question. If someone you care for – a parent, grandparent, spouse, etc. – has an account with the ASRS, but needs assistance accessing or managing that account, there are avenues you can take to help. 

While the ASRS has a diverse group of members, a very large number of those members are school teachers or faculty. That means, among other things, a large number of people retiring at the same time each year; around May and June. We casually refer to it as Retirement Season here within ASRS offices. With approximately 200K-plus active ASRS members, that can mean a fair number of people wanting to retire at roughly the same time. So, what’s the best way to prepare yourself?

Most of us don’t even think about the contributions that come out of our paycheck that go towards building a guaranteed lifetime pension from the ASRS. When we do, it’s usually not until we’re getting very close to that long sought-after retirement date.