Ariz. State Retirement System: FY 24-25 Contribution Rate Announced
December 16, 2023
December 16, 2023
PHOENIX, Arizona, Dec. 16 -- The Arizona State Retirement System issued the following news release:
Contribution rates have been set for fiscal year 2024-25 - which begins on July 1, 2024. The total contribution rate for FY 2024-25 will be 12.27%, a slight decrease from the current rate of 12.29%, which continues through June 30, 2024.
The decrease is due primarily to strong returns on the fiscal year-end June 30, 2023 total fund of 8.2%.
At the end of each . . .
Contribution rates have been set for fiscal year 2024-25 - which begins on July 1, 2024. The total contribution rate for FY 2024-25 will be 12.27%, a slight decrease from the current rate of 12.29%, which continues through June 30, 2024.
The decrease is due primarily to strong returns on the fiscal year-end June 30, 2023 total fund of 8.2%.
At the end of each . . .