Cost of living adjustment (COLA) for July 1, 2024
Tier 1 and 2 public safety, corrections, and elected officials plan retirees and surviving beneficiaries will receive cost of living adjustments to their benefit in July.
TIER 1 PS DROP extended to seven years
Governor Ducey has approved Senate Bill 1268, which makes conditional service extensions to DROP, to seven from five years, effective July 6, 2022…
DROP benefits estimator now available
Tier 1 public safety members considering DROP, can now access the DROP lump sum benefit estimator through their accounts on the Members Only portal…
Frequently asked questions regarding the UnitedHealthcare coverage termination letter sent to retirees
Retiree coverage is still active and valid under new group plan number
Retiree Health Insurance Open Enrollment closes in 1 month!
If you are insured through Arizona State Retirement System (ASRS), or through the Arizona Department of Administration (ADOA), also referred to as ADOA “Benefit Options” or if you are not certain if your coverage is through the ASRS, ADOA/Benefit Options or another PSPRS-employer plan click here for more information regarding open enrollment. Open enrollment ends on Friday, […]
PSPRS Retroactive Increase Adjustment
Eligible retirees to receive details regarding their payments
Increase Granted to Public Safety Retirees & Surviving Beneficiaries
PSPRS retirees and surviving beneficiaries with an effective retirement date on/before July 1, 2017, will receive a 2 percent cost-of-living increase on the gross amount of their July benefit payment. This increase is scheduled to be issued on July 31, 2018. However, retirees and survivors with an effective retirement date on/after August 1, 2017, will […]
PSPRS Increase Adjustment is Pending Final Calculations
Pursuant to A.R.S. §38-856, all eligible PSPRS retirees and survivors with a membership date prior to July 20, 2011 may be entitled to receive a one-time lump-sum pension benefit increase (PBI) adjustment and a change to the retirees base benefit for fiscal years 2013/14 and 2014/15, as applicable/eligible, as a result of litigation decided by the […]
PSPRS System Upgrade
Due to the pension reform provisions passed by the legislature in 2016 and 2017, PSPRS is in the process of implementing a major software upgrade in the Members Only, Employers and Local Board portals that will enable PSPRS and the employers to handle the new provisions of the laws, as well as provide on-line enhancements […]
PSPRS System Upgrade
Due to pension reform provisions passed by the legislature in 2016 and 2017, PSPRS is just finishing up a major software upgrade that will enable staff, employers and local boards to handle the new provisions and provide enhancements to members. Parts of the PSPRS website, including portions of the Members Only portal and Service Purchase […]