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.
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!
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.
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.
How much do you know about Social Security? Regardless of your age, it’s good to have a foundational knowledge of what it is and what it provides – including disability benefits, survivor benefits and, of course, retirement benefits. In fact, Social Security is a fundamental part of your retirement plan! The ASRS is meant to be only one part of your financial retirement picture, with Social Security and personal savings making up the rest.
A formula that is very important at the ASRS, but one that most of us would not learn about outside of retirement fund management:
C + I = B + E
Contributions plus Income equals Benefits plus Expenses. This is the essence of how your retirement system is funded! A description of these four factors:
The ASRS Service Purchase Program is a benefit that allows active members with previous qualifying service to purchase past service time. There are 5 types of qualifying service, with the most common being the purchase of Forfeited Service or the purchase of Other Public Service. While it can be costly, it can also be beneficial - potentially increasing your lifetime benefit and/or allowing you to retire earlier than planned.
In this infographic, we look at an example of an ASRS member with an estimated refund of $10,000 to see how taxes apply, what penalties may be assessed, and what the estimated remaining cash amount could be. (Along with options available to avoid those penalties and taxes.)