Arizona State Retirement System Sample Clauses

Arizona State Retirement System. Beginning July 01, 2012, Arizona Revised Statutes 00-000-00 requires the District to pay ASRS a contribution rate on behalf of a retired member who returns to work. I, (PRINT NAME) certify that I: (Check One)  am a retiree of the Arizona State Retirement System. If yes, were you ever employed by this District? Yes No  am not a retiree of the Arizona State Retirement System.
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Arizona State Retirement System. Beginning on July 1st of 2021, for each year of this Agreement, the District shall make a contribution in the amount of $4,000.00 to the Arizona State Retirement System.
Arizona State Retirement System. For employees retiring under the Arizona State Retirement System (”ASRS”) definition ofnormal retirement” 3, there are restrictions on the amount of work that can be performed (e.g., working 20 1 The Arizona Board of Regents ORP provides at Section 2.11 the following definition: “Employer. ‘Employer’ or ‘Employers’ means the employing unit(s) under the jurisdiction of the Board which employ the Employees electing to participate under the Plan.” The units under the jurisdiction of the Board are: Northern Arizona University, University of Arizona and Arizona State University.” 3 ‘Terms such as ‘Normal Retirement’ are as defined by the ASRS guidelines. hours or more per week for 20 weeks or more in any fiscal year will cause the member to return to active status in the ASRS plan). A member who has been retired for twelve (12) months (while not meeting the conditions for ASRS active membership) may return to work or continue to work any amount of time and continue to receive pension benefits (he or she will not have retirement contributions withheld from his or her pay, and will not accrue additional credited service or long- term disability (LTD) benefits). See ARS §§ 38-764I, 38-766 and 38-766.01; All retirees returning to work at an ASRS employee must complete ASRS’s online Return to Work Form. More information and the link to the Return to Work Form are available at: xxxxx://xxx.xxxxxx.xxx/content/return-work.

Related to Arizona State Retirement System

  • Retirement System The withdrawal of employee contributions made on or after January 1, 2014 may also be withdrawn but only on an actuarially neutral basis. The actuarial present value of the pension reduction shall be equal to the amount of accumulated member contributions withdrawn. The actuarial present value shall computed using the interest rate used in the annual actuarial valuation and the mortality table used in the annual actuarial valuation with a 50% unisex blend.

  • WASHINGTON’S STATEWIDE PAYEE DESK Contractor represents and warrants that Contractor is registered with Washington’s Statewide Payee Desk, which registration is a condition to payment.

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

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