Public Safety Personnel Corrections Officers Elected Officials
 
PRESS RELEASE RELATED TO FINDINGS OF FEDERAL INVESTIGATIONS

PHOENIX – The U.S. Department of Justice and the U.S. Securities and Exchange Commission have terminated separate investigations into the investment practices of the state’s Public Safety Personnel Retirement System after finding no evidence of criminal misconduct.. Read More

PSPRS SELECTS NEW SYSTEM ADMINISTRATOR

The seven-member Public Safety Personnel Retirement System Board of Trustees reached an agreement for a new system administrator after a months-long selection process that produced more than 70 candidates.

Kevin Olineck, of Victoria, British Columbia, accepted an offer to serve as the administrator for PSPRS, Arizona’s public safety pension system that serves roughly 50,000 retirees and active members and holds more than $8 billion in assets.

Olineck was one of four finalists for the position recommended to the PSPRS Board of Trustees by a selection committee and he was supported unanimously by board members... Read More

1099-R STATEMENTS AND OTHER TAX-RELATED DOCUMENTS
It is almost tax time

1099-R statements are available within the Members Only website! The Members Only website can be accessed at this link: Click Here.

1099-R statements for tax year 2014 were mailed January 31, 2015... Read More

EMPLOYER SEMINARS

Employer groups are invited to attend a free educational session regarding PSPRS where we will discuss our current state with regards to unfunded liability and the impact of recent court decisions. We will also unveil tools developed by our actuaries designed to aid employers in making decisions impacting your account. This is a joint effort with the League of Arizona Cities and Towns where Scott McCarty, Chairman of the League’s Pension Task Force, will also discuss options currently available to employers to help assess your own situation and the tools you can utilize to pay down your unfunded pension liabilities. Scott’s presentation will include discussion of a document being developed by the Task Force highlighting employer best practices for managing your individual PSPRS account... Read More

LIFELOCK RENEWAL INFORMATION FOR MEMBERS

Your free enrollment with Life Lock will expire on March 31, 2015. PSPRS cannot be responsible for renewing your subscription. If you wish to continue you should contact Life Lock directly and make your arrangements to do so at your own expense. Please click on thie link to take you to information for a special offer to PSPRS members in renewing with LifeLock. Click Here.

2014 ANNUAL REPORTS AND ACTUARIAL REPORTS
2014 ANNUAL REPORTS
PSPRS CORP EORP
2014 ACTUARIAL REPORTS

The 2014 Actuarial Consolidated Plan Reports are available:

PSPRS Consolidated Annual Report

CORP Consolidated Annual Report

EORP Consolidated Annual Report

Actuarial Reports by Employer are now available back to 2009 (Click Here).  Please also see the accompanying memo from Acting Administrator Jared Smout.

PSPRS WEBSITE SERVICES
MEMBERS ONLY
WEBSITE
EMPLOYER PAYROLL WEBSITE
LOCAL BOARD
WEBSITE
(Members and Retirees) (Authorized Payroll Users) (Local Board Secretaries)

Click Here to Enter

How To Register for a Members Only Account
(PDF Guide)

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IMPORTANT COMMUNICATIONS FROM PSPRS

Public safety pension gains for 2014 near $1 billion

System among elite class of risk-adjusted pensions

The Public Safety Personnel Retirement System fund exceeded projections for the 2014 fiscal year by earning almost $1 billion for tens of thousands of retired first responders, corrections officers and elected officials... Read More

From Sow’s Ear to Silk Purse:

Transformation of the Arizona Public Safety Personnel Retirement System
By Marc R. Lieberman and Mark Lundin, Ph.D., Benefits Magazine, June 2014

Immediately before the tech bubble burst early in the new millennium, the assets of the Arizona Public Safety Personnel Retirement System (PSPRS) were laregly managed in-house. With the concurrence of the system's board and single outside consultant, staff had allocated 70% of the system's $5.6 billion portfolio to domestic stocks, many of which were concentrated in the technology sector... Read More


Retirement system steadily climbing back to financial health
As the chairman of the Public Safety Personnel Retirement System’s Board of Trustees — and as a Phoenix firefighter since 1983 — I’ve watched closely for years as politicians and pundits have “debated” the health of PSPRS and the state’s public worker retirement... Read More

Original Article: http://azcapitoltimes.com/news/2014/03/07/retirement-system-steadily-climbing-back-to-financial-health/

Report to the Membership on the Relationship of PSPRS and Desert Troon Companies (DTC) and Related Matters
Over the last year, many articles have been written about the Arizona PSPRS Trust ("PSPRS"), as well as one of our investment partners, Desert Troon Companies, L.L.C. ("DTC").,... Read More

A Statement Regarding the PSPRS Chief Investment Officer
Our CIO, Mr. Ryan Parham, was hired as PSPRS' Chief Investment Strategist on September 16, 2004. He was promoted to... Read More

Fields Case News Release (SB1609 PBI Changes ruled unconstitutional)
The Public Safety Personnel Retirement System’s (PSPRS) Board is disappointed by the Arizona Supreme Court’s decision to hold the Permanent Benefit Increase (PBI) changes made by Senate Bill 1609 unconstitutional... Read More

Click here for more statements regarding recent events from the PSPRS administration

 

A NOTICE REGARDING RETIREE INSURANCE AND THE PATIENT PROTECTION AND AFFORDABLE CARE ACT
THE AFFORDABLE CARE ACT 2015 OPEN ENROLLMENT
PSPRS, CORP, and EORP FINANCIAL STATUS UPDATE (PRESENTATION AND WEBINAR HOSTED BY JAMES HACKING, PSPRS ADMINISTRATOR)
***INFORMATION REGARDING THE 2011 AUDITOR GENERAL'S REVIEW OF THE PUBLIC SAFETY PERSONNEL RETIREMENT SYSTEM***
***LEGAL / LEGISLATIVE UPDATES***
(NEW!!) THE 2014 Proposed PSPRS Legislation is now available CLICK HERE

PSPRS Board of Trustees Opinion regarding DROP and Disability Retirements CLICK HERE

BOARD OF TRUSTEE MEETINGS!

Pursuant to A.R.S. § 38-431.02, the Public Safety Personnel Retirement System hereby states that all notices of the meetings of the Public Safety Personnel Retirement System and any of its committees and subcommittees will be posted on the front door of the administrative offices of the Public Safety Personnel Retirement System, located at 3010 East Camelback Road, Suite 200, Phoenix, Arizona  85016, and on the website of the Public Safety Personnel Retirement System (www.psprs.com), 24 hours in advance of such meeting, or with such notice as otherwise required by law. After posting, such notices can be viewed 24 hours a day, 7 days a week.  Such notices will indicate the date, time, and place of the meeting and will include an agenda, or information concerning the manner in which the public may obtain an agenda, for the meeting. 

Meeting Information can be found by clicking on the Board of Trustees Option of the left hand side of this page or by clicking this link:

CLICK TO ENTER

Thank you for visiting PSPRS Online.

 

3010 E Camelback Rd,Ste 200
Phoenix, Arizona 85016
Phone: (602) 255-5575
(877) 925-5575
Fax: (602) 255-5572