PROTECT YOUR PENSION
Your retirement is at stake
We need you to reach out to legislators, and inform the public about the incoming attacks.
YOUR PENSION IS AT RISK
As a member of the Arizona Retirement Security Coalition (ARSC), the Faculty Association works to provide faculty and staff information and resources they need to understand and protect your pension. Currently, private interest groups are planning legislation to move ASRS members into a 401k defined contribution style plan.
Why is that a problem?
ASRS is a defined benefit plan where employers guarantee a specific retirement benefit amount for each participant. On the other hand, a defined contributed style plan is funded primarily by the employee and are invested at the participant’s direction. The employer has no obligation toward the account’s performance.
Watch the video of the Defend Your Pension event hosted by PC Faculty Senate and the Faculty Association to learn more about ASRS. You can also view the presentation.
Remember and Share:
- Pensions are under attack all over the state and country via proposals to fundamentally weaken public retirement systems by turning them into defined contribution (401k-style) systems.
- This matters because ASRS is your pension system.·
- Don’t let them create a crisis that is “solved” by weakening our pension.·
- We need to organize and be proactive NOW.
- Learn more about ASRS Facts and Figures.
What Can I Do Now to Support MY ASRS Pensions?
Core Coalition Members
