Fiscal Year '23 Contribution Rates

On July 1, 2022, the total contribution rate of the ASRS Retirement Pension and Health Insurance Benefit for both the employer and the employee will decrease from 12.22% to 12.03% for fiscal year 2023. Likewise, the Long Term Disability Income Plan will decrease from .19% to .14% for both the employer and the employee for fiscal year 2023. Contribution rates are actuarially determined and adjusted annually to ensure the plan remains fiscally sound and able to meet current and future obligations. For more information, visit ASRS's website at https://www.azasrs.gov/.