Employer News
What is the Contribution Prepayment Program?
Effective June 28, 2022, Senate Bill 1082 allowed ASRS employers to prepay pension contributions with the ASRS and designated that they may utilize funding to be applied towards employer contribution payments for a self-designated time at some point in the future. The employer may also opt to leave the prepaid contributions, allowing the amount to continue to accrue earnings based on the amount contributed as a prepayment. This became the Contribution Prepayment Program or CPP.
First Time Registering and Resetting Passwords for Employer Web Users
The most common issue employer web contact the ASRS about when registering or resetting their password is “My employer’s name is not in the drop-down list. What do I do?”
When using the emailed registration link when first added as a user or using the “Having Trouble Logging In?” link on the Employer Login and Registration Page, you will be asked to enter your first name, last name, email, phone number, and login ID. If this information does not match what your administrator entered when they added you as a new user, you will not see your employer’s name in the drop-down list.
Hiring Public Safety Retirees
Under the statutes governing the Public Safety Personnel Retirement System (PSPRS), and the Arizona State Retirement System (ASRS), a retired PSPRS member who returns to work with an employer participating in the ASRS and receives PSPRS pension payments during such employment is not exempt from membership in ASRS, if the PSPRS retiree otherwise satisfies the ASRS membership requirements during such period of re-employment.
Working After Retirement for an ASRS Employer: When is ACR due?
One of the steps ASRS retirees are required to complete when they return to work (RTW) for an ASRS employer is the Working After Retirement smart form, also sometimes referred to as the RTW form, through their myASRS secure account within 30 days of returning to work. This requirement is outlined in Arizona Administrative Code (A.A.C.) R2-8-117 (B).
Ending Payroll Verification: Last Day of Membership
Upon retirement, an Ending Payroll Verification (EPV) form for the retiring member is requested from all employers who have submitted contributions on behalf of the member within the last three years prior to the member’s effective retirement date. EPV forms are also sent to all employers of a retiring member who has attained the IRS Required Minimum Distribution (RMD) age, regardless of how long ago the member last contributed.
Check Member Eligibility Tool
The Check Member Eligibility Tool application was designed for two primary purposes:
Why Members Cannot Remit Their Own Alternate Contributions
Legislation that passed in 2011 under Senate Bill 1609 authorized the Arizona State Retirement System (ASRS) to implement an Alternate Contribution Rate (ACR) for employers that hire ASRS retirees who return to work.
Fantastic Resources & Where to Find Them
If you are having trouble finding the answer to that unique scenario that seems to defy logic, you're not alone! Every day our employer relations team reviews questions from hundreds of employers. While there are a few mysteries that only our Employer Quality Analysts can solve, there are many questions whose answers are easily found in resources available on our Employer Reference Materials page.
Payroll: Correcting the PPE Date
Mistakes can happen to anyone, and entering the incorrect Pay Period Ending (PPE) date in your Contribution Reporting Summary (CSR) is one of the most common errors we receive inquiries about. Fortunately, correcting these errors is pretty simple:
Still Looking for Paper Checks?
Are you receiving checks from ASRS for Health Insurance Premium Benefits or Excess Benefits? 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 by completing the Employer/Vendor ACH Direct Deposit form and returning it via secure message (This form is available in your secure employer myASRS account on the Forms & Packets page.)