In July 2008, the George W. Bush presidency was coming to an end and the Arizona State Retirement System Plan was worth about $26 billion. In the fall the stock market crashed and by the time Obama settled into the White House the fund had bottomed out at $17 billion. Eight years later the ASRS Plan is worth more than $35 billion dollars. As a new president awaits inauguration, we can only wait and see what happens to the financial markets. Because ASRS is a defined contribut