Below is information on the January rate change window available to TRS Plan 3 members. This rate flexibility option does not apply to members of PERS or SERS.
Teachers’ Retirement System (TRS) Plan 3 members may change their contribution rate by submitting the TRS Plan 3 Contribution Rate Change Form to their employer by January 31, 2006.
Please report the new rate option on either the January or February transmittal report based on when you received the form. After completing section 3, mail the original signed form to DRS.
This option is being offered according to provisions granted to TRS Plan 3 by the Internal Revenue Service (IRS). The contribution rate option members select should be considered binding and can only be changed when they change employers or during rate change windows as permitted by the IRS. The link below provides additional information:
http://www2.icmarc.org/xp/plan3/trs/contributionrateflexibility.xml
Should you have questions, please email Employer Support Services (ESS) or call (360) 664-7200, (option 2), or 1-800-547-6657, (option 6, then option 2).