Arizona State Retirement System (Arizona ASRS) Pension Analysis

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In 2002, the Arizona State Retirement System was $1 billion overfunded and on track to provide the retirement benefits that had been promised to state and municipal employees as well as educators. Just 20 years later, the Arizona State Retirement System has over $15.9 billion in unfunded pension liabilities and has fallen deeper into debt each year since 2014.

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