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New Dental Providers for 2021 Retiree Group Insurance

The Arizona State Retirement System has selected two new dental insurance providers for the Retiree Group Dental Services program, beginning January 1, 2021. Delta Dental of Arizona and Cigna Health were selected after a solicitation for bids (Request for Proposals) was held. The contracts were approved on April 20.

Submitting Documents & Member Service Updates

As a reminder, for everyone's safety, the ASRS offices continue to be closed. All member and retiree services are offered remotely (via online or phone). Members may drop off documents at the office, however, no staff will be available to assist you. Watch this video to learn more about ASRS remote services:

Member Education & Appointments Temporarily Remote Only

During this time of enhanced health and safety concern, ASRS member education meetings are currently being offered online only. Similarly, member appointments are currently being offered by phone or online. Read on for more details:

Market Impacts on ASRS

With recent significant losses to financial markets attributed largely to uncertainty over the spread of the coronavirus, ASRS members may be concerned about the impact to the ASRS benefit plan.

The ASRS manages a diversified investment portfolio which is comprised of equities, real estate, credit, and bonds. Unlike personal retirement accounts, such as a 401(k), ASRS retirement benefits are set by a formula and not by the ups and downs in the investment market.

Here’s a summary of market impacts to ASRS members:

Are You Fully Enrolled with the ASRS?

Even if you've been a contributing member for years, it's good to check just in case.

Your Pension - Did You Know?

There are a number of other benefits included with your membership in the ASRS!

The Pension Benefit Formula

Have you ever wondered how we calculate pension benefits? There is sometimes the mistaken belief that it may have something to do with your account balance, when in fact it's all about salary and how many years you work.

How Well Do You Know Your Pension?

Pensions are not as common as they used to be, which can lead to not fully understanding what you’re a part of, how it benefits you, and how to best take advantage of the benefits available to you. To further that understanding, let’s take a look at what the Arizona State Retirement System is, and what it isn’t.

A Look at the ASRS Approach to Business

Here at your ASRS we generally agree with the adage that “What gets measured gets managed.” As a result, we measure and analyze an array of activities that fall into the following general categories: investment performance, member satisfaction, service standards & cost structure, and staff engagement, to ensure top tier performance. When there is not top tier performance – we take positive and supportive action.

ASRS Board of Trustees

The Arizona State Retirement System is governed by a nine-member Board of Trustees, appointed by the Governor and confirmed by the state Senate.

The Board acts as a fiduciary of the ASRS trust fund with powers and duties outlined in state statute.