Comprehensive Annual Financial Report
Pursuant to § 38-714, the Arizona State Retirement System produces an annual report of its operations. The Comprehensive Annual Financial Report meets this requirement and has also regularly received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association.
Historical CAFR reports
Please contact the ASRS for earlier editions.
Popular Annual Financial Report
The Popular Annual Financial Report is a reader-friendly summary of the full Comprehensive Annual Financial Report. The PAFR is not intended to supplement the full CAFR; rather it is a concise summary of the financial health, investment performance and key accomplishments of the ASRS.
The PAFR has regularly received the Award for Outstanding Achievement in Popular Annual Financial Reporting from the Government Finance Officers Association.
Each fiscal year, the Arizona State Retirement System has an actuarial valuation performed on its Defined Benefit, Long Term Disability and Defined Contribution System plans.
These reports are conducted by an independent audit firm presented to the ASRS Board of Trustees. Valuations reveal funding levels, determine required contribution rates and provide additional information on the position of the various plans.