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State retirees in good hands?
ASRS official says state health care insurance ‘one step ahead’ of feds in many areas
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.
Candidates line up as Shadegg announces retirement
Only minutes after U.S. Rep. John Shadegg announced his retirement on Jan. 14, a handful of state lawmakers began lining up to run for his seat.
Buyouts lure 9,000 state workers into retirement
Looking to shield their work forces from tumultuous cutbacks, at least six cash-strapped states have decided this year to spend millions on incentives to encourage government employees to retire.
