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Reasons To Attend the Annual Employer Conference!

As an ASRS employer it is your responsibility to attend the annual ASRS Employer Conference as required by statute. The meetings are held in August and September of each year. Some of the topics covered at the conference include...

Ending Payroll Verification: Termination Date or Last Day?

You have an employee retiring, and it's tile to fill out the EPV form -- but what's the difference between Termination Date and Last Day of ASRS Membership? Read on to find out...

Alternate Contribution Reporting Update

Beginning mid-January 2018, employers will see a new field added to the online ACR Reporting application that will make it easier to submit interest owed if there are any delinquent ACR amounts due. Learn more now...

New Compensation Rules Effective January 1, 2018

Administrative rules can be useful tools to clarify language we find in statute.  There are new rules in the Arizona Administrative Code going into effect on January 1, 2018, that all employers should be aware of...

Termination Incentive Programs (TIPs)

The ASRS employs a number of safeguards to ensure final pension payments made to members are fair and accurate. Effective January 1, 2018, two rules that identify how A.R.S. §38-749 will be enforced will be implemented. Read on to learn more...

Contribution Rates For Fiscal Year 2018

New contribution rates are set to take effect July 1, 2017, the start of the new fiscal year. The contribution rate for the defined benefit pension plan paid by members and employers will remain at the current rate of 11.34 percent. The rate for the long-term disability program will increase slightly, from 0.14 percent to 0.16 percent.

Helpful Reminders for Your Ending Payroll Verification Forms

Public schools constitute a large portion of ASRS membership, which is why our busiest season for new retirements is summer – right after the school year ends.  That leads to an increase in Ending Payroll Verification (EPV) forms for employers, so we thought now might be a good time for a few helpful reminders about this online application.

The Benefits of Keeping Your Employer Account Updated

Please keep the ASRS informed about changes to your employer information.  Changes such as legal dissolutions, modifications to charter contracts, employee leasing, mergers, Joint Powers Authorities, and business name changes require documentation.  Updating your employer information on a regular basis is essential for the integrity of our data and to help us better serve our employer partners and members. 

Termination Incentive Plans; A.R.S. § 38-749

The ASRS employs a number of safeguards to ensure final pension payments made to members are fair and accurate.  One of the final steps in the process is a full audit of a member’s account to ensure the correct figures were used in calculating the final benefit payment.

 

2017 Legislative Session: Updates & Notes

The 2017 Legislative Session began on January 9, 2017 with 23 freshman legislators and  Senator Steve Yarbrough (Chandler) filling the role of Senate President and J.D. Mesnard (Chandler) becoming the Speaker of the House. The ASRS proposed 6 legislative initiatives with 5 of them passing the legislature and receiving the Governor’s signature. 

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