A. After application on a form prescribed by the director, a member may retire on reaching the member's normal retirement date. Except as provided in section 13-713, a member's right to the member's normal retirement benefit as described in subsection B of this section is nonforfeitable by an employer or ASRS on attainment of the member's normal retirement date.
B. Except as provided in section 38-768, a member who meets the requirements for retirement benefits at normal retirement shall receive a straight life annuity that equals the result of paragraph 1 of this subsection multiplied by paragraph 2 of this subsection when those paragraphs are defined as follows:
1. The number of whole and fractional years of credited service times the following:
(a) 2.10 percent if the member does not have more than 19.99 years of credited service.
(b) 2.15 percent if the member has at least 20.00 years of credited service but not more than 24.99 years of credited service.
(c) 2.20 percent if the member has at least 25.00 years of credited service but not more than 29.99 years of credited service.
(d) 2.30 percent if the member has at least 30.00 years of credited service.
2. The member's average monthly compensation.
C. Employers shall provide evidence of, and certify to, in a manner provided by the board, the member's average monthly compensation if that information is not already available from the records of ASRS.
Notes of Decisions
Marriage of Boncoskey v. Boncoskey, 167 P.3d 705 (Ariz. Ct. App. 2007).
· cites it 3× “A.R.S. § 38-757. If the employee elects early retirement, however, the normal retirement benefits to which the employee would otherwise be entitled are reduced.”
Mary wade/marla Paddock v. asrs/asrs Bd., 390 P.3d 799 (Ariz. 2017).
· cites it 2× “” A.R.S. § 38-757(B)(2). ¶ 4 The City operates a deferred compensation plan, the “457 Plan,” which provides retirement income and other deferred benefits to its employees in accordance with 26 U.”
Pendergast v. Arizona State Ret. Sys., 323 P.3d 1186 (Ariz. Ct. App. 2014).
· cites it 6× “§ 38-711 (9), and is used to calculate the ASRS member's retirement benefits, see A.R.S. § 38-757 (normal retirement); A.R.”
Arizona Dep't of Revenue v. Raby, 65 P.3d 458 (Ariz. Ct. App. 2003).
· cites it 2× “, A.R.S. § 38-757(B) (2001) (providing that “a member who meets the requirements .”
Susan Lagerman v. Arizona State Ret. Sys. (Ariz. 2020).
· cites it 14× “¶14 Arizona Revised Statutes § 38-757 provides: A. After application on a form prescribed by the director, a member may retire on reaching the member’s normal retirement date.”
— Ariz. Rev. Stat. § 38-757(A) — 2 cases
Pendergast v. Arizona State Ret. Sys., 323 P.3d 1186 (Ariz. Ct. App. 2014).
“§ 38-711 (9), and is used to calculate the ASRS member's retirement benefits, see A.R.S. § 38-757 (normal retirement); A.R.”
Susan Lagerman v. Arizona State Ret. Sys. (Ariz. 2020).
“¶14 Arizona Revised Statutes § 38-757 provides: A. After application on a form prescribed by the director, a member may retire on reaching the member’s normal retirement date.”
— Ariz. Rev. Stat. § 38-757(B) — 2 cases
Pendergast v. Arizona State Ret. Sys., 323 P.3d 1186 (Ariz. Ct. App. 2014).
“§ 38-711 (9), and is used to calculate the ASRS member's retirement benefits, see A.R.S. § 38-757 (normal retirement); A.R.”
— Ariz. Rev. Stat. § 38-757(B)(2) — 1 case
Mary wade/marla Paddock v. asrs/asrs Bd., 390 P.3d 799 (Ariz. 2017).
“” A.R.S. § 38-757(B)(2). ¶ 4 The City operates a deferred compensation plan, the “457 Plan,” which provides retirement income and other deferred benefits to its employees in accordance with 26 U.”
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