The ASRS is a state agency that administers a pension plan, long term disability plan, retiree health insurance plans and other benefits to qualified government workers. For more than 50 years, the Arizona State Retirement System has provided retirement security to Arizona’s public servants, including school employees, municipal workers and other government employees. Today, more than a half-million of Arizona’s public servants belong to the ASRS, which encompasses state employees, the three state universities, community college districts, school districts and charter schools, all 15 counties, most cities and towns, and a variety of political subdivisions, such as fire and water districts.
All employees of Joseph City Schools whose duty schedule is 20 or more hours per week for at least 20 consecutive weeks must enroll in the ASRS. If you are an enrolled member, contributions are automatically deducted from your paycheck. Joseph City Schools also contributes a matching amount to your account. The contribution amount is set by ASRS each year and usually varies from 10% to 13%.
ASRS Contribution rates
Learn more about ASRS
Video: How ASRS works
Video: How ASRS contribution rates are set