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  • New administrator selected to oversee ASRS LTD program

    August 25, 2016

    Broadspire Services Inc., a leading third-party administrator, will replace Sedgwick as administrtor of the ASRS Long Term Disability Program effective September 1.

    The change should have no major impact for the more than 4,000 members currently on the ASRS LTD plan. A letter from Broadspire is being mailed to all current members receiving Long Term Dsiability benefits.

    LTD members may contact Sedgwick with questions about their coverage through Aug. 31. All contact from Sept. 1 forward should be directed to Broadspire.

  • New fiscal year, new contribution rates

    July 6, 2016

    New contribution rates for members and employers are set to take effect with July payrolls.

    The total contribution rate for the defined benefit plan, health insurance supplement and long term disability plan will be 11.48 percent for both employer and employee, up just slightly from the rate of 11.47 percent for last fiscal year, which ended June 30.

    The new rate will be in effect through June 30, 2017. See Contribution Rates for more information.

  • Final Legislative Updates from the 52nd Legislature, Second Regular Session

    July 6, 2016

    The 52nd Legislature – Second Regular Session adjourned on May 7. The effective date for legislation signed into law is August 6, 2016, unless otherwise noted. The following bills related to the Arizona State Retirement System have been passed by the legislature and signed into law by the Governor.

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