DRSN 10-008, New DCP Record Keeper

DRS E-mail

  • Notice No.: 10-008
  • Date: May 28, 2010
  • Applies to: DCP/JRA Employers
  • Subject: New DCP Record Keeper

On July 1, record keeping services for the Deferred Compensation Program (DCP) and Judicial Retirement Account (JRA) will move to Great-West Retirement Services® (Great-West).

A Transition Bulletin was mailed today to DCP participants and JRA members. This bulletin provides important information associated with the transition to DCP’s new record keeper. We encourage you to read this publication.

You can assist employees with their questions by directing them to:

The transition to Great-West does not change how you interact with DRS.

  • You will continue to submit your DCP reports and associated payments as you currently do.
  • Some newly designed participant educational materials will be available later in the summer and will be mailed to you with instructions.
  • Other enhancements will be introduced in the months to follow. We will keep you informed as new resources are available.

DCP is an employee benefit and we appreciate your offering this program to your employees. A redesigned website for participants will be available in early July. We encourage you to use this new website to help remind your employees of the benefits of DCP.

Thank you for your support with this transition. E-mail DCP if you have any questions or suggestions on how we can help you support DCP. We value your input as a partner and together we can help public employees achieve greater savings for their future.

Questions?

If you have any questions regarding this DRS Notice, please contact Employer Support Services at 360-664-7200, option 2, or 800-547-6657, option 6, option 2; or e-mail us.

George Pickett
Assistant Director of Administrative Services

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