If you’re a member of one of the retirement systems shown below, your 2007 annual retirement statement will be delivered to your employer during the month of March 2008:
Employees of public school districts, educational service districts, institutions of higher education and the Washington State School for the Deaf and Blind should have received their statements in November 2007. If you did not, be sure to contact us.
Your annual statement provides updates on your service credit and contributions, based on the most recent information reported to us by your employer. However, it may not match the total retirement contribution on your year-end payroll earnings statement because contributions are generally posted to your account the month following payroll deduction.
If you are a Plan 3 member, your statement will show only your service credit information. Plan 3 members receive quarterly statements that detail their contributions and account balance.
If you are a member of PERS who is no longer contributing, you will not automatically receive an annual statement in March. You’ll need to contact us and request a statement.
To view your annual statement online, sign up for the DRS Online Account Access service.
Be sure to review your annual statement carefully. If you find discrepancies or have questions, please contact your payroll officer, or call DRS if you are no longer employed.
November/December 2007 Retirement Planning Edition