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Resources for Retiring Employees

While the majority of our members have been in contact with the ASRS and planning their retirement for a few months, if not a few years, there are still a good number of members who may suddenly decide to retire out of necessity or impulse without much planning.

Retiring in a Few Years?

We take a quick look at a number of topics important to anyone thinking about retirement, and point you in the right direction for more information.

460 Report: What is it & How to Use It.

For employer-users with the “HI Premium Benefit Specialist” role, the reconciliation report (also known as HI460, or the 460 Report) is available from the Reports page of the secure myASRS employer portal on a monthly basis. The reports for the most recent three months are available for download. This report lists all retired and LTD members who have elected retired or COBRA coverage through their employer, as well as the Health Insurance Premium Benefit (HIPB) dollar amount to be applied towards each member’s monthly premiums.

Health Insurance Premium Benefit: How is it Applied?

As part of our members’ benefits, the ASRS provides a health insurance premium benefit (HIPB) to help with the cost of retiree health insurance. To be eligible for the HIPB, a retiree or Long Term Disability (LTD) recipient, must have at least five years of service and be enrolled in an ASRS health insurance plan, or a non-subsidized health insurance plan offered by an ASRS employer.

No Appointment Necessary

There is a common misconception that an appointment with an ASRS Retirement Specialist is required for employees ready to retire. While we’re happy to help guide members through the retirement process, an appointment with the ASRS is not a prerequisite for retiring. To start the retirement process, an employee just needs to submit an ASRS retirement application. Our online retirement application can be found within the myASRS portal and submitted online at any time.

Who Can I Talk To?

If you need assistance locating resources to guide you through any ASRS procedures, or additional help understanding a response you have received through the Employer Secure Messaging System, or any of the statutes and rules that govern all things ASRS, the Employer Relations team is here to help. Our Employer Quality Analysts and Senior Retirement Specialists have extensive experience in resolving even the most complex issues for our members and employers.

An Important Admin Responsibility

Occasionally we get a call or a secure message from an employer stating that they cannot access the Employer myASRS Portal. Sometimes it's because the person listed as the Employer Administrator has left and a new administrator was not assigned prior to their departure, or the new acting administrator is using the old administrator’s login.

Don't Skip the 'Employers' Tab!

We understand the convenience of having the Secure Employer Login page bookmarked and jumping straight to the secure side of our website, but if that's your typical process for interacting with AzASRS.gov, you're missing a vast amount of ASRS resources for employers!

A Common Mistake When Updating Your Information

Have you moved recently? Or perhaps changed phone numbers or email addresses? Avoid this common mistake to make sure the ASRS has your correct information on file.

Long Term Disability: An Overview

Did you know that as a contributing member of the ASRS, you have access to long term disability (LTD) should you ever need it? Read through this quick overview to get an idea of what it is, what it provides, and when it might be available to you.

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