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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> hr-update-request@list.arizona.edu [mailto:hr-update-request@list.arizona.edu] <b>On Behalf Of </b>Engle, Angelica - (englea)<br><b>Sent:</b> Thursday, February 21, 2013 5:02 PM<br><b>To:</b> hr-update@list.arizona.edu<br><b>Subject:</b> [hr-update] ASRS Contribution Rate Changes for FY 2013/2014<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-family:"Georgia","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'>February 22, 2013<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'>To: The University of Arizona Community<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'>From: Joan Feldman, Director, Division of Human Resources - Benefits <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'>RE: ASRS Contribution Rate Changes for FY 2013/2014<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'>The Arizona State Retirement System (ASRS) has announced new contribution rates for the Defined Benefit Plan for fiscal year 2013/2014<span style='color:#1F497D'>. </span>The new rates are effective July 1, 2013. The contribution rates are as follows:<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'><o:p> </o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 style='margin-left:-.4pt;border-collapse:collapse'><tr><td width=144 style='width:1.5in;border:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><span style='font-size:12.0pt;line-height:115%'><o:p> </o:p></span></p></td><td width=176 style='width:131.8pt;border:solid windowtext 1.0pt;border-left:none;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%;page-break-after:avoid;layout-grid-mode:char'><b><span style='font-size:12.0pt;line-height:115%'>Pension and<o:p></o:p></span></b></p><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><b><span style='font-size:12.0pt;line-height:115%'>Health Insurance<o:p></o:p></span></b></p></td><td width=142 style='width:106.7pt;border:solid windowtext 1.0pt;border-left:none;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%;page-break-after:avoid;layout-grid-mode:char'><b><span style='font-size:12.0pt;line-height:115%'>Long-Term<o:p></o:p></span></b></p><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><b><span style='font-size:12.0pt;line-height:115%'>Disability<o:p></o:p></span></b></p></td><td width=138 style='width:103.5pt;border:solid windowtext 1.0pt;border-left:none;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><b><span style='font-size:12.0pt;line-height:115%'><o:p> </o:p></span></b></p><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%;page-break-after:avoid;layout-grid-mode:char'><b><span style='font-size:12.0pt;line-height:115%'>Total<o:p></o:p></span></b></p></td></tr><tr><td width=144 style='width:1.5in;border:solid windowtext 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%;page-break-after:avoid;layout-grid-mode:char'><b><span style='font-size:12.0pt;line-height:115%'>Employee<o:p></o:p></span></b></p></td><td width=176 style='width:131.8pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><span style='font-size:12.0pt;line-height:115%'>11.30%<o:p></o:p></span></p></td><td width=142 style='width:106.7pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><span style='font-size:12.0pt;line-height:115%'>0.24%<o:p></o:p></span></p></td><td width=138 style='width:103.5pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><span style='font-size:12.0pt;line-height:115%'>11.54%<o:p></o:p></span></p></td></tr><tr><td width=144 style='width:1.5in;border:solid windowtext 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><b><span style='font-size:12.0pt;line-height:115%'>Employer<o:p></o:p></span></b></p></td><td width=176 style='width:131.8pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><span style='font-size:12.0pt;line-height:115%'>11.30%<o:p></o:p></span></p></td><td width=142 style='width:106.7pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><span style='font-size:12.0pt;line-height:115%'>0.24%<o:p></o:p></span></p></td><td width=138 style='width:103.5pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='mso-margin-top-alt:0in;margin-right:-.2in;margin-bottom:0in;margin-left:-18.9pt;margin-bottom:.0001pt;text-align:center;line-height:115%'><span style='font-size:12.0pt;line-height:115%'>11.54%<o:p></o:p></span></p></td></tr></table><p class=MsoNormal><u><span style='font-size:12.0pt'><o:p><span style='text-decoration:none'> </span></o:p></span></u></p><p class=MsoNormal><span style='font-size:12.0pt'>Currently, the employee and employer each contribute 11.14%.<o:p></o:p></span></p><p class=MsoNormal><u><span style='font-size:12.0pt'><o:p><span style='text-decoration:none'> </span></o:p></span></u></p><p class=MsoNormal><span style='font-size:12.0pt'>For more information, please visit the ASRS website at <a href="https://www.azasrs.gov/web/ContributionRates.do">https://www.azasrs.gov/web/ContributionRates.do</a>. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Georgia","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Georgia","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Adobe Fan Heiti Std B";color:#1F497D'>Angelica Engle<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Adobe Fan Heiti Std B";color:#1F497D'>Coordinator, HR Communications<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Adobe Fan Heiti Std B";color:#1F497D'>Human Resources<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Adobe Fan Heiti Std B";color:#1F497D'>888 N. Euclid Ave., #117<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Adobe Fan Heiti Std B";color:#1F497D'>Tucson, AZ 85721<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Adobe Fan Heiti Std B";color:#1F497D'>520.621.9329<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Adobe Fan Heiti Std B";color:#1F497D'>Fx 520.626.4700<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Adobe Fan Heiti Std B";color:#1F497D'><a href="mailto:englea@email.arizona.edu"><span style='color:#1F497D'>englea@email.arizona.edu</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Adobe Fan Heiti Std B";color:#1F497D'><a href="http://www.hr.arizona.edu/"><span style='color:#1F497D'>www.hr.arizona.edu</span></a><o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>