We would like to thank all of you for your feedback on implementation of the new post-retirement employment restrictions for individuals who retire under the 2008 early retirement factors. Based on your comments, we reviewed the original instructions and made some modifications.
For any contractor, independent contractor, or personal service contractor that you directly compensate, you will need to verify their retirement status. We have created a Contractor Status form for you to use with Member Reporting Verification (MRV) to review their status. If you see the following message displayed: “Retired under the 2008 early retirement factors. Stricter return to work rules apply,” contact Employer Support Services immediately for reporting instructions. If this message is not displayed, document and retain the form.
You are not required to verify the status of vendor companies, their employees and subcontractors. Vendor companies are hired through your normal bidding process.
Please remember this does not change the requirement to solicit retirement status from your employees. Continue to complete the Retirement Status form for employees and retain it for your records.
The following scenarios are provided to help clarify these instructions and assist you in determining what steps you should take in complying with the new requirements:
As an alternative to completing the Department of Retirement System’s Contractor Status form and checking the MRV screen, you may create language elsewhere in your contracting process that asks contractors, independent contractors, and personal service contractors that you directly compensate to confirm in writing if they have retired from the State of Washington using the new 2008 ERF. If their response is “No”, maintain the documentation and you will have met your obligation. If their response is “Yes”, contact Employer Support Services for further instructions.
To assist your employees who are contemplating retirement, we are providing estimates with both the 2008 early retirement factors and the 3% reduction factors, if they qualify. We are also providing information on the return to work restrictions that would apply with each choice. If you receive questions from your employees on how to choose between these factors, working restrictions, or who is eligible to use the reduction factors, please refer them to a retirement services analyst at (360) 664-7000, option 4 or 1-800-547-6657, option 4.
For retirees who choose to use the 2008 factors, we will regularly remind them of the return to work restrictions attached to their retirement choice.
If you have any questions regarding this DRS Notice, please contact Employer Support Services at (360) 664-7200, option 2, or 1-800-547-6657, option 6, option 2; or email us.
Assistant Director of Administrative Services