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Latest ASRS Updates

  • Power disruption affected some services Monday

    December 5, 2017

    An interruption in electrical power Monday afternoon to the ASRS building at 3300 N. Central Ave. in Phoenix caused disruptions in some services, including the ASRS Call Center and access to the secure member website The disruption began around 3 p.m. Monday and most all systems were restored by 1 a.m. The ASRS apologizes for any inconvenience to those who may have tried to call Monday afternoon or access certain applications on the secure website.



  • ASRS Funding Policy available for review

    November 3, 2017

    An ASRS Funding Policy, a formal document outlining the strategies and goals for assuring the long-term sustainability of the ASRS plans, is now available for review under the ASRS Policies page on our website.

    The six-page document outlines the formal methodology for financing the pension, health insurance and long-term disability plan obligations. Each plan is sustainable with current assets, plus future contributions from employees and employers, plus investment earnings.



  • ASRS Retiree Open Enrollment for 2018 Plan Year

    October 30, 2017

    Open Enrollment for ASRS retiree group health insurance start Wed, Nov 1st and runs through Thur, Nov 30th, with plan benefits beginning on Jan 1, 2018. This year will be a PASSIVE enrollment, meaning if you are happy with your current plans and coverages, NO ACTION IS REQUIRED. Your current selections will roll over into the 2018 benefit year.



  • ASRS Recognized for Excellence in Financial Reporting

    August 28, 2017

    For the 28th consecutive year, the Arizona State Retirement System has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its 2016 Comprehensive Annual Financial Report.



  • Why Do I Need Savings If I Have a Pension?

    June 27, 2017

    ASRS retirees are fortunate to have both a pension and social security benefits... do we really need a savings account as well? Read on for what experts say about the role of personal savings in your financial future.



  • ASRS Legislative News

    June 9, 2017

    The 53rd Legislature – First Regular Session, adjourned on May 10, 2017. The Arizona State Retirement System had five legislative initiatives pass into law. They all have relatively minor impact to members and retirees, mainly clarifying language in existing state statutes.

    Below is a brief summary. You can also follow these and other retirement-related bills throughout the legislative session on our ASRS Bill Tracker.



  • New Trustees appointed to ASRS Board

    May 5, 2017

    Eight individuals have been appointed or reappointed to the Arizona State Retirement System (ASRS) Board of Trustees. Appointments are made by the Governor and confirmed by the State Senate.

    Previously serving appointees are: Tom Manos, former County Manager of Maricopa County; Kevin McCarthy, president of the Arizona Tax Research Association, and Clark Partridge, State Comptroller with the Arizona Department of Administration.



  • Ruling changes ASRS compensation definition regarding employer-paid deferred comp payments

    April 21, 2017

    On March 23, 2017, in the case of Wade and Paddock v. ASRS (No. CV-16-0087-PR), the Arizona Supreme Court held that employer-paid contributions on behalf of an employee to a tax qualified deferred compensation plan – such as a 457 or 401(k) – are compensation and therefore require ASRS contributions.

    Employee-paid contributions into these plans have always been considered compensation for ASRS purposes. This ruling adds employer-paid contributions are compensation as well.



  • March Board, Investment Committee meetings canceled

    April 12, 2017
    Please note that the Board of Trustee meeting and the Investment Committee meeting originally scheduled for March have been canceled. The next scheduled Board meeting will be Friday, April 28 at 8:30 a.m. in the Board Room of the ASRS building, 3300 N. Central Ave., Phoenix. The next Investment Committee will be Monday, April 24 at 2:30 p.m. in the 14th floor conference room at the ASRS building.


  • New fiscal year, new contribution rates

    February 2, 2017

    Contribution rates for members and employers have been set for next fiscal year, which begins July 1, 2017.

    The total contribution rate for the defined benefit plan, health insurance supplement and long term disability plan will be 11.50 percent for both employer and employee, up just slightly from the total rate of 11.48 percent for the current fiscal year, which ends June 30, 2017.

    The new rate will be in effect through June 30, 2018. See Contribution Rates for more information.



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