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Even Lower Admin Fees for ASRS Supplemental Savings Plans!

We are pleased to announce a new, long-term contract with Nationwide Retirement Solutions (Nationwide) to continue providing supplemental savings plans with solid investment choices and professional oversight for ASRS members. Nationwide has been an outstanding, trusted partner to our organization, and this new contract ensures they will continue to support our members' retirement goals for the foreseeable future.

A Note on Mental Health

As the seasons change, it’s common to find ourselves facing additional stress that may affect our emotional, psychological, and social well-being. 

Mental health can significantly impact other aspects of our lives, such as our effectiveness at work, home life, learning, or the ability to be a good caregiver. Making our mental and emotional health a priority can help us adapt and cope while we experience hardship or life changes.

Returning to Work After Retirement: What ASRS Retirees Need to Know

If you are starting to think about retiring and drawing a pension from the Arizona State Retirement System (ASRS), you may find yourself wondering about your options if you’d like to later return to work. The choice is yours – you can certainly keep collecting a monthly pension from the ASRS and go back to work, but it’s important to make sure you proceed in a manner that doesn’t impact your pension. 

Choosing Where to Work

Becoming Spoof-Proof

Account security is always a top priority for the Arizona State Retirement System (ASRS), and one of our biggest protections against fraud is our members' vigilance and safe practices.

One common way malicious actors attempt to gain access to your sensitive retirement information is through spoofed websites. These fake sites are designed to mimic real websites, tricking you into entering your username and password, which can then be stolen and used to compromise your account. 

Protecting yourself starts with careful observation and healthy online habits:

You Submitted Your Retirement Application. Now What?

Once we receive your application, we enter your information into our system, validate it for compliance, and place it in either a ‘hold’ queue (if we need additional information before calculating your benefit) or a ‘processing’ queue (if no further information is required to proceed.)  Please note that although the ASRS may receive your retirement application before your retirement date, we cannot begin calculating your benefits until the retirement date has passed.

Identifying Your Retirement Date

As you contribute to your ASRS retirement account, you may find yourself wondering, “When can I Retire?” There are actually a number of different combinations of criteria that can be used to determine when you’re eligible for “normal” ASRS retirement. Due to changes in law over time, a primary factor is your ASRS membership date.

If you began contributing before June 30, 2011, you are able to utilize the 80 points system.

ASRS Ranked a Top Pension System in Service and Cost

A recent third-party study shows that the Arizona State Retirement System (ASRS) provides top-level service to our members at very low costs when compared to pension plans both from the United States and across the globe.

Changing Employers & Re-Enrolling

If you’ve recently changed ASRS employers, don’t forget to update your myASRS account! Every ASRS employer has a unique enrollment code they provide to all their new employees - it’s important to go through the online re-enrollment process with your new employer’s enrollment code to ensure that your information on file is completely up-to-date.

When you begin employment with a new ASRS employer: 

ASRS a 2024 “Top Place to Work" in Arizona

The Arizona State Retirement System (ASRS) has been selected as one of the Top Places to Work in Arizona for 2024! The recognition comes from Best Companies Group, a firm that examines companies’ practices, programs and benefits and surveys employees for their perspectives. Upon meeting certain criteria, a company can then be recognized as a “Top Place to Work.”

Phishing: Guarding Against It

Keeping your information secure and out of the reach of cybercriminals has never been more important. Phishing attacks – a type of fraud meant to trick you into providing sensitive information – can happen through emails, text messages, or even phone calls. Typically, attackers disguise themselves as a trusted source in an attempt to steal confidential information.

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