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  • Make the Most of the Live Chat Feature

    Now that the Live Chat feature has been in place for nearly a year, here are some helpful tips and reminders to make these chat interactions more beneficial to you.

  • 65+ Waiver Reminder: Employer Conference Follow-Up

    More and more senior citizens are choosing to remain in the workforce, and we are receiving more Age 65+ Membership Waiver forms than ever. Questions regarding the proper use of this waiver came up often during our recent ASRS Employer Conferences, which tells us some reminders are in order.. 

  • Termination Incentive Programs: Employer Conference Follow-Up

    For those who attended our ASRS Employer Conference recently and selected the Compensation and Contribution Reporting breakout session, you were reminded about Termination Incentive Programs. This article serves to reinforce what you learned, just with less legalese and more layman's terms. 

    Basically, Arizona Revised Statute 38-749 makes sure that employers do not create an unfunded liability when they offer special programs to employees to retire. These programs are called "termination incentive programs.”

  • Resources and References for Employers

    The ASRS Employer Reference Materials webpage should be a go-to resource for all our ASRS employer partners. It puts all our manuals and guides in one place, has the handouts for recent Basics or Employer Conference sessions, and links to previous editions of this employer newsletter. Additionally, below are links and explanations of other important employer resources and webpages that provide helpful information.

  • Alternate Contribution Rate (ACR): FAQ's

    What is the ACR this year, and how is it determined?

    For Fiscal Year 2024-25, which began July 1, 2024, the ACR is 10.19%. The ACR is determined on an annual basis along with the regular contribution rates (pension and LTD) for eligible employees and employers. The rates are typically approved by the ASRS Board of Trustees in November for the following fiscal year (beginning July 1), following a presentation by the ASRS actuary on the annual actuarial valuation of the plan.

  • Hiring ASRS Retirees

    Understanding the rules around hiring an ASRS retiree is important. While it is the member’s responsibility to ensure compliance with the ASRS Return to Work rules and statutes, it is also the employer’s responsibility to help ensure compliance. Failure to do so can result in suspension of benefits and repayment of unlawfully paid benefits. Employers should check the retirement status of all their new hires using the Check Member Eligibility Tool.

  • 2025 Annual Employer Conference

    It’s almost that time of year for ASRS employers to attend the ASRS Annual Employer Conference. Registration will open in August for multiple conference dates in September and October. As an ASRS employer, it is your responsibility to attend the annual ASRS Employer Conference, as required by Arizona Revised Statute 38-716. 

  • Max Compensation Limits: FY 2025

    Internal Revenue Code (IRC) section 401(a)17 limits compensation beyond which no further retirement contributions may be deducted from an employee’s earnable salary for a given year. This limit applies to all ASRS members, but the maximum of the limit differs depending on the member’s enrollment date.

  • Transitioning From Paper Checks

    Are you still receiving paper checks from the ASRS for Health Insurance Premium Benefits or Excess Benefits Arrangements? Did you know you can receive payments five to ten days faster -- and more securely -- by taking advantage of direct deposit?

    Employers are strongly encouraged to begin this process now by completing the Employer/Vendor ACH Direct Deposit form, available in your Employer Secure Account on the Forms & Packets page. This process will allow you to receive the payment five to ten days faster each month.

  • The Miscellaneous ACH Payment Process

    ASRS employers have unique and statutory obligations to ensure employee participation, make required contributions, and process retiring employees. One of our priorities at the ASRS is to utilize technology to create efficient, user-friendly products to make meeting those obligations as easy as possible.

    To that end, employers can now submit ACH miscellaneous payments through their Employer Secure Account. We highly encourage employers to take advantage of the electronic deposit method as soon as possible.

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