Did you know that your retirement pension is totally portable? The Arizona State Retirement System (ASRS) has over 700 employers representing all levels of education, counties and State service.
If you're leaving the ASRS prior to retirement, you may be wondering if you should refund your account. You can, but you don't have to. You have options!
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
The process of retiring can be intimidating. We understand! Read on for helpful tips to get you pointed in the right direction...
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.
The Arizona State Retirement System (ASRS) marks its 65th anniversary this year--celebrate 65 years of serving Arizona’s hard-working public servants.
Everyone looks forward to payday, right? You know it will happen every two weeks and you count on that, like clockwork. But what happens when you retire?
One of most frequently asked questions received by the Member Advisory Center is “Can I take a loan out of my retirement?” Read on for the answer: