New Fiscal Year and Contribution Rates for Arizona State Retirement System (ASRS)

June 28, 2023

On July 1, the ASRS will begin a new fiscal year – FY 2023-24. For members, this is always when new contribution rates go into effect. Starting July 1, 2023, the new total contribution rate will be 12.29%, an increase of slightly more than a tenth of a percent from the FY 2022-23 rate of 12.17%.  Visit for more information.