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Latest ASRS Updates

  • New Location for ASRS Tucson Office Now Open

    July 10, 2018

    A new Location for the ASRS Tucson office opened for business on Tuesday, February 16th at 4400 E Broadway Blvd., Suite 200.

  • Retiring Teacher? #RedForEd May Impact Your Retirement Date

    May 17, 2018

    Avoid delays in processing your retirement!

  • Retiring Soon? Need Some Direction?

    May 15, 2018

    The process of retiring can be intimidating. We understand! Read on for helpful tips to get you pointed in the right direction...

  • Employer Matching, Lifetime Benefit... Do You Know Your Pension?

    May 1, 2018

    Think a 401(k) Might Be Better? Guess Again!

    Every two weeks you see that 11.5% coming out of your paycheck, earmarked for a pension or long term disability that you don’t anticipate needing for a long time to come. Sometimes you may wonder if you would be better off with a different type of retirement plan, like a 401(k). Well, here are some facts that might make you feel better about your ASRS pension:

  • A Brief History of the ASRS As We Turn 65!

    April 27, 2018

    This year, the ASRS will celebrate its 65th Anniversary.

    In the 21st session of the Arizona State Legislature, Governor Howard Pyle signed the bill that created the ASRS as of July 1st, 1953 as a pension plan for employees of state and municipal government.

    The first public pension in Arizona, however, was issued in 1912, the year Arizona entered statehood. It was granted to a teacher, in the amount of $50 a month ($600 a year). In 1955, the teacher’s pension plan and the ASRS merged, creating a statewide retirement system.

  • ASRS Scores High in Service, Efficiency

    April 27, 2018

    Unless you happen to be very familiar with pension systems, you probably haven’t heard of the company CEM Benchmarking before. But, for the ASRS, they’re a valuable resource that provides helpful data to evaluate both where we’re at and how best to move forward.

  • Planning Ahead

    April 25, 2018

    It’s Retirement Season: Make Sure You’re Ready

    A comment we’ve frequently heard from our members when they are ready to begin the retirement process is that they wish they’d known more and started preparing sooner. Don’t let that be you! Whether it’s three years down the road, or six months, there are steps to take right now to make sure you’re ready for your retirement.

    Three Years Before Retirement

  • How Do You Want Your Money When You Retire?

    April 25, 2018

    Retiring is easy. Just pick one of seven annuity options available and you’re done.    

    You may be saying to yourself “Wait. I have to figure out seven different options? What’s the difference between them?  Which is the right one for me and my family?” A good way to grasp the different options is to note that while there may be seven options, they fall into one of three categories:

  • An Investment Update by the Director

    April 24, 2018

    At the end of each fiscal year (June 30), the ASRS calculates a year-end rate of return on the total fund. The return for June 30, 2017 was 13.9 percent, positively impacting the financial health of the pension fund and helping to reduce upward pressure on future contribution rates.

  • ASRS Celebrates 65 Years of Supporting Arizona's Public Servants

    March 14, 2018

    The Arizona State Retirement System (ASRS) marks its 65th anniversary this year--celebrate 65 years of serving Arizona’s hard-working public servants.

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