Sign In
Free Newsletter
May 21, 2026
How would APS and TEP’s formula rate adjustments work?
Key Points: APS and TEP are seeking formula rates to allow annual adjustments instead of periodic large hikes Supporters say it reduces regulatory lag, critics warn of weak consumer protections […]
May 10, 2010
ASRS director says fund solid, Legislature can’t touch it
Even with a mind-numbing return on investment of minus 18 percent and a report suggesting that the Arizona State Retirement System is woefully underfunded, retirees and current employees banking on a stable pension check need not worry.
So says Paul Matson, ASRS director, who notes that the retirement system is sitting on a whopping $25.5 billion pot of money.
