employer news

Resources For You and Your Retiring Employees

Retirement can be a daunting time for both employees and employers, but it doesn’t need to be! We have plenty of online resources and AzASRS.gov to answer questions for both you and your employees. 

User Access to the ASRS Employer Website

To maintain the security of the ASRS Employer website, be sure to deactivate account access when a user leaves employment or no longer needs access. Also, do not share or transfer login IDs and passwords between users.

Reminder: New Health Insurance Forms!

The ASRS has recently released a new form to help streamline the reporting of your Health Insurance Plans. The new Annual Employer Provided Health Insurance Plans and Premiums Report and the Employer Health Insurance Plan/Premium Breakdown Table forms are your one-stop shop to provide the ASRS with your updated annual Health Insurance Plans and Premiums for the following benefit year. 

Direct Deposit for Employers

In January 2019, The Arizona State Retirement System (ASRS) modified its payment process. 

The ASRS switched to Bank of America for payment processing, which gives the employers the ability to receive Health Insurance Premium Benefit payment via direct deposit to their account.

Clarification on the CARES Act and the ASRS

Due to the current COVID-19 pandemic, the Arizona State Retirement System (ASRS) has seen a slight increase in members asking, “Can I refund or get a loan from my account?”

A Review of Earning Service Credit

Periodically, the ASRS receives questions from employers on how employees earn service credit. Here's a reminder!

New Instructional Videos for Employers

The ASRS Basics for Employers meeting is now available online as a six-part series. The online format will not only enable employer staff to get the same information provided in our in-person ASRS Basics for Employers sessions but will also provide a convenient format that employer users can take advantage of from their computer or laptop.

What is an HIPB?

The ASRS provides a health insurance premium benefit (HIPB), also referred to as a “subsidy” or “reimbursement,” to eligible retired and LTD participants to help cover a portion of the out-of-pocket cost of member insurance premiums. A percentage of all employer contributions are placed in a 401(a) Health Benefit Supplement account to provide funds for the HIPB.

Help Make our Employer Conference Better!

With your help, the Employer Relations Team continues to improve our yearly conferences. If you have any suggestions or ideas you would like discussed during this year’s conferences, please contact your employer liaison via Employer Secure Message (ESM).

ASRS Basics for Employers

Are you new to working with the ASRS? Are you looking to refresh your knowledge of ASRS’ processes and online applications?


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