Skip to main content

ASRS Highlighted by Top1000Funds.com

Arizona State Retirement System (ASRS) the $50 billion pension fund for some 600,000 public sector employees in America’s Four Corners region, will opportunistically increase both US and international public equity exposure in line with its moderately bullish view on public equities and a new strategic asset allocation that targets 44 per cent of AUM in the asset class. The global public equity allocation is mostly passive in line with a belief in the efficient market hypothesis. However, the investment team does introduce marginal enhancements to index weights and takes advantage of trading opportunities within the tactical asset allocation in what executive director Paul Matson calls “enhanced passive”, that isn’t a fundamental approach but still seeks to add small, incremental returns where possible. The strategy has helped the fund achieve a 10-year return of 8.45 per cent, amongst the top 6 per cent of US public funds.

Supplementing Your Retirement

If you’re on the fence about opening a supplemental savings account, keep in mind that when you establish a savings plan, it is okay to start small. With Nationwide Retirement Solutions, a partner of the ASRS, the minimum starting amount is $10 per pay period. 

Over time, you can adjust your contributions as needed – the important part is getting started. The earlier you begin, the more time you allow compounded interest to increase your money. Building the habit of saving money early on can provide additional comfort for retirement. 

Our Strategic Plan

Every five years, the ASRS develops a new Strategic Plan. This plan is meant to identify key areas the agency wishes to enhance and optimize, as well as areas we’d like to monitor and maintain. Our newest plan, which began on July 1, 2023, will run until June 30, 2028.

The goal for our new strategic plan is to excel in the areas of:

Moving Out of State

If you’ve recently moved outside of Arizona – or have been thinking about it – there’s some important information you should know regarding your pension and benefits provided by the ASRS. 

State Tax Implications

Working After Retirement

If you are nearing retirement, have you thought about continuing to work after you retire? If the answer is yes, there are several key factors to consider if you plan to return to work, primarily whether you will work directly with an ASRS employer and our 20/20 Membership Criteria. 

Working after retiring from the ASRS allows our members to receive their monthly pension while also receiving a paycheck from their new employer. Please also note that you cannot actively contribute to the ASRS and receive your ASRS pension.