Arizona Administrative Code

Notes Ariz. Admin. Code § R2-7-932 Adopted as an emergency effective January 1, 1985, pursuant to A.R.S. § 41-1003, valid for only 90 days (Supp. 84-6). Emergency expired. Permanent rule adopted effective April 3, 1985 (Supp. 85-2). Section repealed by final rulemaking at 12 A.A.…

Notes Ariz. Admin. Code § R2-7-933 Adopted as an emergency effective January 1, 1985, pursuant to A.R.S. § 41-1003, valid for only 90 days (Supp. 84-6). Emergency expired. Permanent rule adopted effective April 3, 1985 (Supp. 85-2). Section repealed by final rulemaking at 12 A.A.…

Notes Ariz. Admin. Code § R2-7-934 Adopted as an emergency effective January 1, 1985, pursuant to A.R.S. § 41-1003, valid for only 90 days (Supp. 84-6). Emergency expired. Permanent rule adopted effective April 3, 1985 (Supp. 85-2). Amended effective April 2, 1993 (Supp. 93-2). S…

Notes Ariz. Admin. Code § R2-7-935 Adopted as an emergency effective January 1, 1985, pursuant to A.R.S. § 41-1003, valid for only 90 days (Supp. 84-6). Emergency expired. Permanent rule adopted effective April 3, 1985 (Supp. 85-2). Section repealed by final rulemaking at 12 A.A.…

Notes Ariz. Admin. Code § R2-7-936 Adopted as an emergency effective January 1, 1985, pursuant to A.R.S. § 41-1003, valid for only 90 days (Supp. 84-6). Emergency expired. Permanent rule adopted effective April 3, 1985 (Supp. 85-2). Section repealed by final rulemaking at 12 A.A.…

Notes Ariz. Admin. Code § R2-7-937 Adopted as an emergency effective January 1, 1985, pursuant to A.R.S. § 41-1003, valid for only 90 days (Supp. 84-6). Emergency expired. Permanent rule adopted effective April 3, 1985 (Supp. 85-2). Section repealed by final rulemaking at 12 A.A.…

The following definitions apply to this Article unless otherwise specified: 1. "218 Agreement" means the same as in R2-8-701. 2. "218 Resolution" means written authorization for a potential Employer to provide Social Security and Medicare or Medicare-only coverage to employees un…

A. For purposes of active member eligibility, an employee of an Employer becomes a member of the ASRS pursuant to A.R.S. § 38-711(23) when the employee is Engaged To Work for the Employer. B. If the Employer does not provide an accurate date for which an employee was Engaged To W…

A. Pursuant to A.R.S. § 15-187(C), a charter school in Arizona is considered a political subdivision that is eligible to participate in the ASRS if the charter school is sponsored by:1. A state university; 2. A community college district; 3. A group of community college districts…

A. A political subdivision or political subdivision entity, other than a charter school, may be eligible to participate in the ASRS pursuant to A.R.S. §§ 38-711 and 38-729 if it notifies the ASRS in writing of the political subdivision's or political subdivision entity's intent t…

A. An Employer shall submit contribution information and contribution payments pursuant to A.R.S. § 38-735, through the Employer's secure ASRS account. B. Within 14 days of receiving the information contained in subsection R2-8-1002(E)(1) through (E)(3), the Employer shall:1. Ver…

A. Pursuant to A.R.S. § 38-729, upon the effective date of joining the ASRS, an Employer may elect to purchase service credit for a period of employment prior to the effective date of joining the ASRS for employees Engaged To Work for the Employer on the effective date of joining…

Notes Ariz. Admin. Code § R2-8-101 Former Rule, Social Security Regulation 1; Former Section R2-8-01 renumbered as Section R2-8-101 without change effective May 21, 1982 (Supp. 82-3). Amended subsections (A) and (C) effective April 12, 1984 (Supp. 84-2). Section repealed by final…

Notes Ariz. Admin. Code § R2-8-102 Former Rule, Social Security Regulation 2; Amended effective April 15, 1980 (Supp. 80-2). Former Section R2-8-02 renumbered as Section R2-8-102 without change effective May 21, 1982 (Supp. 82-3). Amended as an emergency by adding subsection (E) …

Notes Ariz. Admin. Code § R2-8-103 Former Rule, Social Security Regulation 3; Amended effective April 15, 1980 (Supp. 80-2). Former Section R2-8-03 renumbered as Section R2-8-103 without change effective May 21, 1982 (Supp. 82-3). Amended as an emergency by adding subsection (E) …

A. The definitions in A.R.S. § 38-711 apply to this Chapter. B. Unless otherwise specified, in this Chapter:1. "Actuarial assumption" means an estimate of an uncertain future event that affects pension liabilities, or assets, or both. 2. "Assumed actuarial investment earnings rat…

Notes Ariz. Admin. Code § R2-8-105 Former Rule, Social Security Regulation 5; Amended effective April 15, 1980 (Supp. 80-2). Former Section R2-8-05 renumbered as Section R2-8-105 without change effective May 21, 1982 (Supp. 82-3). Amended as an emergency by adding subsection (E) …

Notes Ariz. Admin. Code § R2-8-106

Notes Ariz. Admin. Code § R2-8-107

Notes Ariz. Admin. Code § R2-8-108

Notes Ariz. Admin. Code § R2-8-109

Notes Ariz. Admin. Code § R2-8-110

The following definitions apply to this Article unless otherwise specified: 1. "Actuarial present value" means an amount in today's dollars of a member's future retirement benefit calculated using appropriate actuarial assumptions and the: a. Member's Current Years of Credited Se…

A. A member who is eligible to Transfer In Service credit, may request to transfer service credit by providing a Transfer In form to the ASRS with the following: 1. The name of the Other Retirement Plan; 2. The date the member either terminated employment with an employer of the …

A. Upon receipt of a request to transfer a member's service credit from the ASRS to the Other Retirement Plan, the ASRS shall calculate:1. The ASRS Funded Actuarial Present Value pursuant to A.R.S. §§ 38-730 and 38-922; and 2. The Member's Accumulated Contribution Account Balance…

Notes Ariz. Admin. Code § R2-8-111

Notes Ariz. Admin. Code § R2-8-112

Notes Ariz. Admin. Code § R2-8-113 New Section made by emergency rulemaking at 11 A.A.R. 579, effective January 4, 2005 (05-1). Emergency rule expired (Supp. 05-2).

Notes Ariz. Admin. Code § R2-8-114 New Section made by emergency rulemaking at 11 A.A.R. 579, effective January 4, 2005 (05-1). Emergency rule expired (Supp. 05-2).

A. The following definitions apply to this Section unless otherwise specified: 1. "DRO" means the same as "domestic relations order" in A.R.S. § 38-773(H)(1) . 2. 1. "Eligible retirement plan" means the same as in A.R.S. § 38-770(D)(3). 3. 2. "Employer Number" means a unique iden…

A. For purposes of this section, the following definitions apply: 1. "ACR" means an alternate contribution rate pursuant to A.R.S. § 38-766.02, the resulting amount of which is not deducted from the employee's compensation. 2. "Class of positions" means all employment positions o…

A. Unless otherwise specified, in this Section:1. "Commencing employment" means the date a retired member who is not independently contracted or leased from a third party pursuant to R2-8-116(A)(4) renders services directly to an Employer for which the retired member is entitled …

A. Application of interest from inception of the ASRS Plan through the present is as follows: Effective Date of Interest Rate Change Assumed Actuarial Investment Earnings Rate Interest Rate Used to Determine Return of Contributions Upon Termination of Membership by Separation fro…

Notes Ariz. Admin. Code § R2-8-119 Former Rule, Retirement System Regulation 5; Amended effective July 1, 1975 (Supp. 75-1). Amended effective June 23, 1976 (Supp. 76-3). Former Section R2-8-19 renumbered and amended as Section R2-8-119 effective May 21, 1982 (Supp. 82-3). Sectio…

Notes Ariz. Admin. Code § R2-8-120 Former Rule, Social Security Regulation 6; Amended effective June 19, 1975 (Supp. 75-1). Amended effective July 13, 1979 (Supp. 79-4). Former Section R2-8-20 renumbered and amended as Section R2-8-120 effective May 21, 1982 (Supp. 82-3). Repeale…

A. Upon calculating an unfunded liability amount under A.R.S. § 38-748, the ASRS shall send an Unfunded Liability Invoice to the Employer through the Employer's secure ASRS account. B. An Employer that owes an unfunded liability amount to the ASRS pursuant to A.R.S. § 38-748, sha…

A. Each Employer shall remit the amount of employee member contributions to the ASRS not later than 14 days after the last day of each payroll period. Payments of employee member contributions not received in the offices of the ASRS by the 14th day after the last day of the appli…

A. For the purposes of this Section. 1. "Actuarial assumption" means an estimate of an uncertain future event that affects pension liabilities. 2. "Board" means the same as in A.R.S. § 38-711 . 3. "Investment return rate" means a percentage of total return on an asset. 4. "market…

A. The following definitions apply to this Section unless otherwise specified: 1. "Compensation" means the same as in A.R.S. § 38-711(7). 2. "Termination Incentive Program" means the same as in A.R.S. § 38-749(D)(2). B. An Employer that intends to implement a Termination Incentiv…

A. The following definitions apply to this Section unless otherwise specified: 1. "Average monthly compensation" means the same as in A.R.S. § 38-711(5). 2. "Baseline salary" means the average of a member's monthly Compensation during the 12 consecutive months in which the member…

A. For the purposes of this Section, the following definitions apply, unless stated otherwise: 1. "Acceptable documentation" means any written request containing all the accurate, required information, dates, and signatures necessary to process the request. 2. "Acceptable form" m…

A. The definitions in R2-8-126 apply to this section. B. If a member has previously retired from ASRS, the member may re-retire from ASRS by submitting a Re-Retirement Application to the ASRS that contains: 1. The information identified in R2-8-126(B)(1) through (B)(8); 2. The re…

A. The definitions in R2-8-126 apply to this Section. B. A member who is ten years and one day, or more, older than the member's non-spouse contingent annuitant is not eligible to elect a 100% Joint and Survivor Retirement Benefit Option. C. A member who is 24 years and one day, …

A. The definitions in R2-8-126 apply to this section. B. An individual who is 104 years of age or older at the time of retirement is not eligible to elect a Period Certain and Life Annuity Retirement Benefit Option. C. An individual who is 93 years of age or older at the time of …

A. The definitions in R2-8-126 apply to this Section. B. According to A.R.S. § 38-760(B)(2), for a member whose Original Retirement Date is after August 9, 2001, upon the expiration of a member's period certain term the ASRS shall rescind the member's election and the ASRS shall …

A. The definitions in R2-8-126 apply to this Section. B. In order to designate a beneficiary, a member shall submit an Acceptable Form containing the following information: 1. The Member's full name and one or more of the following information: a. The Member's Social Security num…

A. The definitions in R2-8-126 apply to this section. B. If the beneficiary is eligible to elect the survivor benefit as monthly income for life according to A.R.S.§ 38-762(C), the ASRS shall calculate the benefits based on the attained age of the beneficiary, calculated to the n…