What's New

DRS selects Empower Retirement as record keeper for Plan 3 and DCP customers

22-Dec-2014

Customers of Washington state’s Plan 3 retirement systems and Deferred Compensation Program (DCP) will be served by a single record keeper starting in October of next year, the state Departm...

Retirement Strategy Fund lineup changes in January

18-Dec-2014

Every five years, a new Retirement Strategy Fund is added to DRS’ investment options to serve younger members entering the workforce. Each of the 12 Retirement Strategy Funds has a diversifi...

This is saving

20-Oct-2014

National Save for Retirement Week, Oct. 19-25, is a great opportunity to learn the how and why of saving for retirement. If you’re thinking about adding more to your savings, just starting or ha...

ALERT – Teachers Pension Advisory Services mailing incorrect information to school districts

22-Sep-2014

A recent bulletin is circulating from a Texas-based company making incorrect and misleading statements about DRS. The Teachers Pension Advisory Services (TPAS), with a postal address in ...

TRS Plan 3 January rate change window ends after 2015

20-Aug-2014

When TRS Plan 3 was initially qualified by the IRS, TRS Plan 3 members could change their contribution rate each January beginning in 2004. However, the IRS changed its position by 2005, when...

Supreme Court rulings issued in gain sharing, UCOLA lawsuits

14-Aug-2014

* Updated 11-Nov-2014 The Washington State Supreme Court today issued opinions in two cases related to the state’s pension systems. One case involves gain sharing provisions and early re...

Go green with us!

08-Aug-2014

If you’re a retiree who is receiving monthly paper statements regarding your automatic benefit deposits, you’ll notice a change this fall. Starting with October's benefit payment, DRS ...

Pension Funding Council endorses phase-in of contribution rate increases

29-Jul-2014

The Washington State Pension Funding Council has approved a graduated approach to increasing member and employer contribution rates for several of the state’s retirement systems, deciding to...

DRS website refresh

18-Jul-2014

A preview of the new DRS website design is now available, and you’re invited to tell us what you think. You can preview the site now in a test environment (http://drswatest.businesscatal...

Online services unavailable May 31

29-May-2014

DRS will move the servers that run all online web applications this weekend. The following online services will be unavailable Saturday, May 31 from 7:30 am to 4:00 pm. Online Account Access ...

Website tree testing participants needed

29-Apr-2014

Thanks to valuable feedback you gave us on a card sort test in April, we continue to make the website more usable for you. Many responses indicated that most of you would organize materials on the...

DRS online services not impacted by Heartbleed

11-Apr-2014

During the past week, there has been widespread reporting about an Internet security issue called Heartbleed, which may put personal information such as user name, password, communication and transact...

Website card sort seeks your feedback

09-Apr-2014

DRS has launched an interactive tool – called a card sort – to gather feedback from customers. We'd like to hear how you would organize the information on the website and what’s ...

A simple new savings calculator from DRS

03-Feb-2014

Posted February 3, 2014 The DRS website now features a simple and straightforward new savings calculator. You can use it to forecast how much you can save over different periods of time, est...

Some retirees may change their named survivor

23-Jan-2014

Posted January 23, 2014 Due to changes in the state’s civil marriage and domestic partnership laws in 2012, you may have the opportunity to change the survivor on your retirement benefit...

Resolve to save with DCP

09-Jan-2014

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