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Who decides how the Arizona State Retirement System invests its monies?

April 26, 2017Arizona decides Invests monies retirement State system

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Who decides how the Arizona State Retirement System invests its monies?

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Oversight and investment policy are provided by a nine-member Board of Trustees. In addition, statutes enacted by the Arizona State Legislature require that the Arizona State Retirement System make investments in accordance with the “Prudent Expert” rule. State statutes also stipulate certain constraints on how the monies of the ASRS are invested.