With recent significant losses to financial markets attributed largely to uncertainty over the spread of the coronavirus, ASRS members may be concerned about the impact to the ASRS benefit plan.
The ASRS manages a diversified investment portfolio which is comprised of equities, real estate, credit, and bonds. Unlike personal retirement accounts, such as a 401(k), ASRS retirement benefits are set by a formula and not by the ups and downs in the investment market.
Here’s a summary of market impacts to ASRS members: