What is the ASRS?
The Arizona State Retirement System is a state agency that administers a public pension program for qualified employees. Membership includes the State of Arizona, school districts and charter schools, cities and towns, all 15 Arizona counties, and numerous special districts, such as water and fire districts. The primary pension program is a 401(a) “defined benefit plan,” which means your pension will be determined by a formula, not by the amount of money in your account.
