Latest ASRS Updates

  • Contribution Rate for FY 2024 - 2025

    June 14, 2024
    On July 1, 2024, the ASRS will begin a new fiscal year – FY 2024-25. For members, this is when new contribution rates go into effect. Starting July 1, 2024, the new total contribution rate will be 12.27%, a slight decrease from the FY 2023-24 rate of 12.29%. Read more to understand how rates are determined each year!

  • Forgot Your myASRS Password?

    June 13, 2024

    If you are having issues accessing your account, your first step is to click the “Having Trouble Logging In” link located on the myASRS secure account login page. From there, you will go through the process of resetting your password.

    To update your password successfully:

  • Understanding Your Account Balance

    May 16, 2024

    One of the many questions we receive at the ASRS is: “How does my account balance determine my monthly benefit?”

    The short answer is that your ASRS account balance is not related to the amount of your future monthly retirement benefit. Your ASRS retirement benefit is calculated using your years of service and your average monthly salary, with a “graded multiplier” added that increases with your years of service. (You can read a more in-depth explanation of that formula here.)

  • Phishing: Guarding Against It

    May 16, 2024

    Keeping your information secure and out of the reach of cybercriminals has never been more important. Phishing attacks – a type of fraud meant to trick you into providing sensitive information – can happen through emails, text messages, or even phone calls. Typically, attackers disguise themselves as a trusted source in an attempt to steal confidential information.

  • National Public Service Recognition Week – May 5-11

    May 6, 2024
    This week marks National Public Service Recognition Week, and the Arizona State Retirement System would like to recognize and thank all our members who have dedicated their work to serving others.

  • The Other Half: Your Employer's Role in the ASRS

    April 18, 2024

    While member contributions go a long way to funding all the benefits the ASRS provides, none of what we provide to members would be possible without contributions from our employer partners: ASRS employers contribute the same percentage as ASRS members for each member they employ!

    Contributions from both you and your employer are then pooled together, invested, grown, and used to fund benefits such as a lifetime pension when you retire, Long Term Disability, and more.

  • Understanding Your Future Benefit

    April 10, 2024

    While the ASRS offers a variety of benefits for members, our primary focus is providing members with a lifetime retirement benefit. Once you're able to retire, you'll need to choose how you'd like to receive your benefit. Your retirement annuity options fall into three distinct categories, each helping to accomplish slightly different retirement goals:

  • Nearing the Retirement Finish Line?

    March 18, 2024

    A look at "Route 4: Next Exit Retirement" - the final session of our four-part educational series, geared towards members thinking of retiring within 6 months. 

  • The Pension Benefit Formula

    March 18, 2024

    Have you ever wondered how we calculate pension benefits? There is sometimes the mistaken belief that it may have something to do with your account balance, when in fact it's all about salary and how many years you work.

  • Change Employers, Keep your ASRS Membership

    February 26, 2024
    A new job with another ASRS employer doesn't mean starting over with your pension.

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