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PensionWatch

Arizona State Retirement System

public plan · State of Arizona · Tucson, AZ

ACTIVE
B
Pension Health Score
74/100
Funding Status69% Funded
0%80% threshold100%
$46.2B
Total Assets
$67.0B
Total Liabilities
$20.8B
Unfunded Liability
587,213
Participants

Funding History

What This Means for You

Arizona State Retirement System is in good financial health at 69% funded. This means for every dollar the plan owes in future benefits, it has 69 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$46.2B$67.0B68.9%$2.3B
2024$43.9B$64.2B68.4%$2.4B
2023$42.2B$60.6B69.7%$3.0B
2022$42.4B$56.7B74.8%$2.9B
2021$38.0B$62.3B61.1%$2.5B