For the 30th consecutive year, the Arizona State Retirement System has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its 2018 Comprehensive Annual Financial Report.
Latest ASRS Updates
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ASRS Recognized for Financial Reporting Excellence
October 24, 2019
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Your Pension - Did You Know?
September 13, 2019There are a number of other benefits included with your membership in the ASRS!
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The Affect of "When?" on Your Pension
September 13, 2019When considering retirement there are a lot of factors to think about, but did you know that the decision of when to retire effects your pension benefit? The ASRS uses the following fairly simple formula to calculate the Straight Life annuity, the highest paying retirement option to calculate your base line monthly benefit:
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How Well Do You Know Your Pension?
September 13, 2019Pensions are not as common as they used to be, which can lead to not fully understanding what you’re a part of, how it benefits you, and how to best take advantage of the benefits available to you. To further that understanding, let’s take a look at what the Arizona State Retirement System is, and what it isn’t.
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A Look at the ASRS Approach to Business
September 13, 2019Here at your ASRS we generally agree with the adage that “What gets measured gets managed.” As a result, we measure and analyze an array of activities that fall into the following general categories: investment performance, member satisfaction, service standards & cost structure, and staff engagement, to ensure top tier performance. When there is not top tier performance – we take positive and supportive action.
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ASRS Board of Trustees
September 13, 2019The Arizona State Retirement System is governed by a nine-member Board of Trustees, appointed by the Governor and confirmed by the state Senate.
The Board acts as a fiduciary of the ASRS trust fund with powers and duties outlined in state statute.
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An Alternative Savings Plan for ASRS Members
September 13, 2019In addition to your pension, long-term disability and retiree health insurance benefits, the ASRS offers another program many of our active members find to be of value – the ASRS Supplemental Savings Deferral Plan – or SSDP for short.
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A Summary of Recent ASRS Legislation
September 13, 2019The 54th Legislature, First Regular Session adjourned sine die on May 28, 2019 and the general effective date for legislation that was passed and signed by the Governor is August 27, 2019. The legislature passed two bills that have a relatively minor impact on members and retirees. Below is a brief summary. You can also find more detailed information about these bills and other retirement-related bills in the 2019 Legislative Summary book at AzASRS.gov, on the Legislation page under the About Us tab.
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Preparing to Retire: Are you ready? Let's find out!
May 8, 2019Getting ready to retire is a big step! It means closing one chapter and beginning another. To make sure you’re as prepared and informed as possible before you hit ‘submit’ on your retirement application, make sure you’ve considered the following questions;
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You Submitted Your Retirement Application. Now what?
May 1, 2019What happens after you hit “submit” on your retirement application? We input the application information into our system, validate the application for compliance, and place your application in a hold queue (if we require additional information before we can calculate your benefit) or a processing queue (if no further information is needed to proceed). It’s important to keep in mind that while the ASRS may receive your retirement application in advance of your retirement date, we will not be able to begin any retirement calculations until your retirement date has occurred.
Newsletters
Check out all the ASRS newsletters - mailed and emailed - here.
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