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:
When thinking about how to keep your myASRS account secure, most probably only think about having a strong password. And, while this absolutely helps, you may want to put some thought into your Login ID as well.
As of June 30, 2022, the ASRS had 214,210 active members. Those active members work for employers all across the state. Currently, the ASRS has over 700 employer partners – a diverse group of public schools, state agencies, cities and towns, universities, and more.
As many of our members are school staff and work less than 12 months a year, the question of how working extra over the summer affects your future pension is a common one.
First, a quick note about how non-12-month school staff earn service credit. Because of the shortened work year, these ASRS members earn more service per month (.111 credit per month) than a traditional 12-month employee (.083 credit per month). This is to make sure that non-12-month members earn a full year’s worth of service between the start and end of their school year.
The Arizona State Retirement System is providing the following information with regard to the receivership of Silicon Valley Bank and Signature Bank as they relate to the ASRS investment portfolio.
The ASRS had relatively small index-like investments in shares of SVB Financial Group (the parent company of Silicon Valley Bank) and Signature Bank.
The Arizona State Retirement System is providing the following information with regard to the receivership of Silicon Valley Bank and Signature Bank as they relate to the ASRS investment portfolio.
ASRS recognized for Financial Reporting and Plan Funding & Administration
The Arizona State Retirement System recently received the Certificate of Achievement for Excellence in Financial Reporting for its 2022 Annual Comprehensive Financial Report.
