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Latest ASRS Updates

  • The Flexibility of Your Pension

    February 16, 2024

    There are currently over 700 employer partners with the ASRS, which consists of a diverse group of public education, state agencies, counties, cities and towns, and more! What does this mean for you? If you leave one ASRS employer for another, your ASRS account will pick up right where you left off.

    Enrollment Code



  • Education Spotlight: Route 3

    February 2, 2024

    It’s never too early to begin planning for your retirement, and our Route 1 and 2 are eLearnings available anytime on our website. Route 3: Destination in Sight marks the first educational opportunity offered as a live-streaming, interactive webinar led by ASRS Retirement Specialists, where you can ask questions and get real-time answers. Route 3 is designed for members within three years of retirement. 

    Here's an overview of the information covered in Route 3: 



  • ASRS Highlighted by Top1000Funds.com

    January 31, 2024
    Arizona State Retirement System (ASRS) the $50 billion pension fund for some 600,000 public sector employees in America’s Four Corners region, will opportunistically increase both US and international public equity exposure in line with its moderately bullish view on public equities and a new strategic asset allocation that targets 44 per cent of AUM in the asset class. The global public equity allocation is mostly passive in line with a belief in the efficient market hypothesis. However, the investment team does introduce marginal enhancements to index weights and takes advantage of trading opportunities within the tactical asset allocation in what executive director Paul Matson calls “enhanced passive”, that isn’t a fundamental approach but still seeks to add small, incremental returns where possible. The strategy has helped the fund achieve a 10-year return of 8.45 per cent, amongst the top 6 per cent of US public funds.


  • Will my Pension Ever Increase?

    January 22, 2024

    One of the most common questions we receive from retirees relates to increases in their pension. Many retirees are surprised to learn that the ASRS was not designed to provide yearly postretirement benefit increases.



  • Supplementing Your Retirement

    January 12, 2024

    New goals and resolutions typically come to mind when we think of the New Year, which makes us want to establish our own resolutions. For many, saving money is one of those goals. One option available to you as an ASRS member is a supplemental savings plan offered through Nationwide Retirement Solutions. 



  • Long Term Disability: An Overview

    January 11, 2024
    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.


  • FY 24-25 Contribution Rate Announced

    December 14, 2023

    Contribution rates have been set for fiscal year 2024-25 – which begins on July 1, 2024. The total contribution rate for FY 2024-25 will be 12.27%, a slight decrease from the current rate of 12.29%, which continues through June 30, 2024. 

    The decrease is due primarily to strong returns on the fiscal year-end June 30, 2023 total fund of 8.2%. 



  • You Submitted Your Retirement Application. Now What?

    December 12, 2023

    What 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 calculating your benefit) or a processing queue (if no further information is needed to proceed). It’s important to remember 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.



  • What is "Retirement Age" with the ASRS

    November 17, 2023

    When planning to retire with the ASRS, you may begin thinking about how early you can begin receiving your benefit. First, it’s important to understand how the ASRS defines “normal” and “early” retirement, and how the criteria for each may change depending upon when you started making contributions to the ASRS.



  • A Note on Mental Health

    November 17, 2023

    As we enter the holiday season, it’s a good time to take a moment and remember the importance of mental health, both your own and that of the people around you.



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