Members

2009 pension legislation

You can view a summary and track the progress of pension-related legislation on our 2009 Legislation Web page.

Other news

Retirement Systems

Deferred Compensation Program

Elected Officials

Former Members

The money in your account continues to work for you, even if you do not return to an eligible public service position. Interest on your contributions accumulates regularly, at the same rate active members earn.

You may leave your contributions in your account until you reach minimum distribution age (see below). Not only will the money earn interest, but your service credit is then also preserved. You may withdraw your contributions, if you wish, but be sure to talk with your tax advisor before making a final decision.

Check the status of your account by signing up for Defined Benefit Account Access. Registration is easy, fast and secure.

You may have funds available to you. Search now.

Contact DRS if you’re approaching minimum distribution age

The Internal Revenue Service requires that you begin receiving money from your account by April 1 following the year you reach age 70 ½ . If you do not, the IRS will apply a 50% tax to the amount you should have received.

Please contact us in the year you turn 70 so we can process the distribution from your account in time to meet the deadline.

A similar tax applies to money that should have been distributed to beneficiaries of deceased plan members. Please contact us if you are aware of the death of a former plan member.