What's New

TRS Plan 3 Contribution Rate Change Window

26-Dec-2013

If you’re a TRS Plan 3 member, you have the opportunity in January to change your contribution rate. If you decide to do so, please complete the TRS Plan 3 Contribution Rate Change (/Forms/M...

ADVISORY – VIRUS ALERT

15-Nov-2013

The Department of Retirement Systems has learned that a partner website was infected by a virus that could have been transmitted to computers visiting the site since late Thursday evening (Nov. 14...

Challenges to state pension system changes go before the State Supreme Court this week

23-Oct-2013

The Washington Supreme Court will hear oral arguments this coming Thursday (Oct. 24) on two lawsuits related to changes in the state’s pension systems. One case centers on a law which p...

Gain sharing litigation: ‘Legal certainty’ and the 2008 early retirement factors

23-Oct-2013

Editor’s Note: The Washington State Supreme Court ruled on this litigation on Aug. 14, 2014. For more information, see the article Supreme Court rulings issued in gain sharing, UCOLA lawsuit...

Your retirement future is happening now

21-Oct-2013

Play The Game of Retirement during NS4RW National Save for Retirement Week, Oct. 20-26, is the perfect time to consider whether you will have enough set aside when you retire to live comfortably. ...

Public Employee and Teachers Plan 1 member attendance declines at DRS retirement planning seminars

09-Oct-2013

Posted October 9, 2013 Online retirement planning seminar available for PERS and TRS Plan 1 members As the number of active PERS and TRS Plan 1 members gets smaller, fewer Plan 1 members a...

2,500 and counting

02-Aug-2013

A year ago this spring DRS launched the Online Retirement Application (ORA) and so far over 2,500 members have submitted their retirement application with ORA. If your retirement is coming soon, k...

Thinking about retiring in September or October 2013?

22-Jul-2013

Administrative factors set to change October 1, 2013 Administrative factors are used to calculate adjustments in pension benefits. There are several types of benefit adjustments, but the most comm...

State Supreme Court will hear arguments on gain sharing, automatic increases Oct. 24

05-Jun-2013

Updated July 8, 2013 Editor's Note: This article has been updated to include the confirmed date for oral arguments. The Washington State Supreme Court has agreed to accept direct review of...

Supreme Court to hear gain sharing appeal

02-May-2013

Litigation over gain sharing and early retirement provisions for members of certain state pension plans will be heard by the Washington State Supreme Court. Under an order signed May 1 by Chie...

Status update on gain sharing litigation

22-Mar-2013

Originally Posted October 22, 2012 Editor's Note: This article has been updated to reflect the revised schedule for filing of briefs. “Watch and wait” continues to be the order...

Feb. 25 - March 1 is Washington Saves Week

25-Feb-2013

Are you as Smart as a Retiree? Find out During Washington Saves Week, Feb. 25 – March 1 How did that guy who works in customer service put enough money aside to retire comfortably? Was he bo...