Arizona State Retirement System

Classified and university staff in category 01 must participate in the Arizona State Retirement System and are enrolled automatically. Faculty, administrators, academic professionals and university staff in categories 02 to 05 are also eligible to elect this plan. This is a defined benefit plan qualified under section 401(a) of the Internal Revenue Code. A formula set by the ASRS determines your pension. 

About ASRS  

  • Begins the first day of the pay period following 182 calendar days of eligible employment or immediately if you have an ASRS account with monies on deposit or were hired before July 20, 2011. ASRS retroactive contributions may be required.
  • Contribution rates shown below are subject to change each year on July 1.
  • Long-term disability insurance benefits are included with this plan.
  • Once you meet ASRS membership eligibility criteria in a fiscal year, you remain a member and contributions continue until the end of the fiscal year in which you become ineligible.
  • Participants with five or more years of credited service are eligible for a retiree health insurance subsidy.
  • Retirement contributions are withheld from your paycheck on a before-tax basis and long-term disability contributions are withheld on an after-tax basis.
  • While actively employed, you may not borrow from or withdraw contributions from your account.
Fiscal year
Contribution source
Retirement 
Long-term disability
Total
July 2018–June 2019Employee and ASU11.64%.16%11.80%
July 2019–June 2020Employee and ASU11.94%.17%12.11%
July 2020–June 2021Employee and ASU12.04%.18%12.22%
July 2021–June 2022Employee and ASU12.22%.19%12.41%
July 2022–June 2023Employee and ASU12.03%.14%12.17%
July 2023–June 2024Employee and ASU12.14%.15%12.29%
July 2024–June 2025Employee and ASU12.12%.15%12.27%

Vesting

The ASRS does not have a vesting schedule. However, participants who meet certain requirements may be eligible for the following benefits:

  • Long-term disability.
  • Pension.
  • Premium benefit subsidy.
  • Retiree health insurance.
  • Service purchase.

Retirement
Participants are immediately vested in their own contributions but must meet the following criteria to receive a pension benefit. Read more about the ASRS pension benefit process.

Normal retirement if hired before July 1, 2011.
Normal retirement if hired on or after July 1, 2011.
80 points—your age plus years of service with ASRSAge 55 with 30 years of service
Age 62 with 10 years of serviceAge 60 with 25 years of service
Age 65Age 62 with 10 years of service
Early retirement is at least age 50 with a minimum of five years of ASRS service.Age 65
 Early retirement is at least age 50 with a minimum of five years of ASRS service.

Book traversal links for Arizona State Retirement System