When is ASRS going to increase our monthly pay? They haven't given an increase in over 10yrs. The money increase is from investments and according to all financial stats, they have been very good. I think it is time we retires get an increase .

Karen Fleming | Oct 20, 2018 | Category: State government office in Phoenix, Arizona

Arizona State Retirement System - All questions

Address: 3300 N Central Ave, Phoenix, AZ 85012, USA

Zona Bot602 | Oct 20, 2019

Lol lol lol lol lol ... increase???? The state of Arizona???? That’s a joke right? State employees have had 1 raise in 23 years. The last mandated raise was in what ummm 2010

Arizona State Retirement System | Oct 20, 2019

Unfortunately, there is no legislative mandate to provide cost of living (COLA) increases to retired members. While there is the possibility of Permanent Benefit Increases (PBI), those are based on excess funds, which have not been available. To learn the history of the PBI as well as the current status of the PBI, please visit: https://www.azasrs.gov/content/permanent-benefit-increase

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