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State of Arizona Employee News

Excess Annual Leave - Final Reminder

Posted on 10/22/2021

Excess annual leave must be used on or before Friday, January 7, 2022, to avoid forfeiture of excess hours.  For agencies, boards and commissions under the State Personnel System, the maximum number of annual leave hours an employee may carry over into a new calendar year is 320 hours for uncovered employees and 240 hours for covered employees.  Any hours in excess of the maximum carryover limits are subject to forfeiture.  

Employees and managers can monitor annual leave balances by logging in to YES and clicking on Leave Activity.

 

Arizona Deferred Compensation Plan Virtual Booth

Posted on 10/14/2021

Visit the State of Arizona Deferred Compensation Plan Virtual Booth from October 5 – December 4, 2021.  Explore our resources and education at our interactive event to help you make the right choices for your financial future.

Click HERE for more information and to visit the Virtual Booth. 

 

October is National Retirement Security Month (NRSM)

Posted on 09/29/2021

Last year, the U.S. Senate unanimously approved a resolution supporting the goals and ideals of National Retirement Security Month, which include increasing retirement savings and personal financial literacy of all people in the United States.

There are 7 meeting times scheduled during October to assist employees with learning about and joining the State of Arizona Smart Save Deferred Compensation Plan! 

To learn more and register for one of the event sessions during October, please click HERE. 

 

Deferred Compensation Can Help You Secure Your Financial Future

Posted on 09/17/2021

Your employer knows you want a financially secure retirement.  Enrolling in your deferred compensation plan can help you meet your goals. The contributions you make may help supplement your pension income in retirement.

Join us on Thursday, September 23, 2021, for “Intro to the 457 Plan” and see why the deferred compensation plan may be right for you. There are two sessions available.  Click here for more information and to register.

 

Social Security 101 Workshop

Posted on 09/13/2021

Social Security 101 - Everything you wanted to know.  Join us for this FREE workshop presented by the Social Security Administration on Tuesday, September 21, 2021, at 10:00AM to learn more about your eligibility, benefits, how to get the most from your benefit and more. 

Click HERE for more information and to register for this workshop. 

 

Proactively Manage Excess Annual Leave Balances

Posted on 08/30/2021

Employees are expected to manage and use their excess annual leave balance to ensure they don’t lose it.  For agencies, boards and commissions under the State Personnel System, the maximum number of annual leave hours an employee may carry over into a new calendar year is 320 hours for uncovered employees and 240 hours for covered employees.  Any hours in excess of the maximum carryover limits are subject to forfeiture.  

It is important that employees closely manage their annual leave balances through the remainder of the year and schedule leave with their supervisor so that impacts on end of year coverage will be minimal and carryover exception requests are significantly reduced.  There should not be any expectation that unused excess annual leave will be approved for carryover, even if it has been approved in the past.  

Employees and managers can monitor annual leave balances by logging in to YES and clicking on Leave Activity. 

 

Saving For Retirement Made Easier - The 457(B) Deferred Comp Plan

Posted on 08/16/2021

When you join your employer’s 457(b) deferred compensation (comp) plan, you get a wealth of online resources to help you set your goals, research investment options and decide how much to save for retirement.

But you also get attentive service from Nationwide® Retirement Specialists. We’ll take time to understand your situation.  Click here for more information and to schedule an appointment.

 

Nationwide Retirement Health Care Webinar

Posted on 07/23/2021

Nationwide Retirement Deferred Compensation programs can help you boost your retirement readiness.  Join them for an informational webinar on August 19, 2021, as they focus on healthcare costs in retirement, what medicare covers and how you can prepare for these expenses.  

Click HERE to learn more and find registration information.