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The CARES Act and Your ASRS Account

Due to the current COVID-19 pandemic, the Arizona State Retirement System (ASRS) has seen a slight increase in members asking, “Can I refund or get a loan from my account?” 

Contribution Rates for FY 2020-21

ASRS members and employers will see a slight increase in contribution rates at the start of the new fiscal year, July 1.

Your Future Pension is Safe

A message from Paul Matson, ASRS Director.

Why Your Pension Benefit Doesn't Depend on Your Account Balance

As a member of the Arizona State Retirement System, you make contributions with each of your paychecks. Both you and your employer contribute equal amounts, which are invested to generate revenue and build the ASRS trust fund, which in turn pays your guaranteed lifetime pension benefit upon retirement. These contributions, plus interest, combine to form your account balance.

Top Questions Answers: A New Video Series!

Friendly ASRS staff in our call center field member questions every day of operation. After a while, we noticed that we get some of the same questions again and again. To save you time and a phone call, we have started a new video series that answers your most commonly asked questions in a short, clear, and concise manner.

User Access to the ASRS Employer Website

To maintain the security of the ASRS Employer website, be sure to deactivate account access when a user leaves employment or no longer needs access. Also, do not share or transfer login IDs and passwords between users.

Reminder: New Health Insurance Forms!

The ASRS has recently released a new form to help streamline the reporting of your Health Insurance Plans. The new Annual Employer Provided Health Insurance Plans and Premiums Report and the Employer Health Insurance Plan/Premium Breakdown Table forms are your one-stop shop to provide the ASRS with your updated annual Health Insurance Plans and Premiums for the following benefit year. 

Direct Deposit for Employers

In January 2019, The Arizona State Retirement System (ASRS) modified its payment process. 

The ASRS switched to Bank of America for payment processing, which gives the employers the ability to receive Health Insurance Premium Benefit payment via direct deposit to their account.

Clarification on the CARES Act and the ASRS

Due to the current COVID-19 pandemic, the Arizona State Retirement System (ASRS) has seen a slight increase in members asking, “Can I refund or get a loan from my account?”

A Review of Earning Service Credit

Periodically, the ASRS receives questions from employers on how employees earn service credit. Here's a reminder!

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