As a district employee working more than twenty (20) hours per week, you are required to register as a member with Arizona State Retirement System (ASRS). ASRS is a Defined Benefit Plan and will provide lifelong monthly benefits upon retirement. Your contributions are mandatory and are made on a pre-tax basis via payroll deduction. This process reduces your taxable income and creates valuable retirement savings. Currently the contribution rate is 12.11%. The district will also match this contribution amount on your behalf.