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Annuity purchase window offered for LEOFF, WSPRS retirees who missed out

13-Dec-2016

Note: This article has been updated to correct the eligibility date for LEOFF 1 members and to clarify the type of funds that can be used for rollovers. LEOFF and WSPRS retirees who retired b...

Pension contribution rates for the 2017-19 Biennium

02-Dec-2016

Updated information regarding member and employer contribution rates for the upcoming (2017-19) biennium is available through DRS Employer Notice 17-009 (/employer/DRSN/drs-email-17-009-new-contributi...

Annual retirement statements for education employees now available

08-Nov-2016

Education employees, your 2016 annual retirement statement is now available from the state Department of Retirement Systems. If you’re a member of one of the following systems, just log in to your...

NEW Percentage option available for your DCP contributions

05-Oct-2016

A new feature is available in the Deferred Compensation Program – now you can make DCP contributions using either a whole percentage or dollar amount. What is great about percentages? Your contrib...

Inslee announces Tracy Guerin as director of Department of Retirement Systems

18-Aug-2016

Gov. Jay Inslee today announced the appointment of Tracy Guerin as director of the Washington State Department of Retirement Systems. Guerin now serves as deputy director of the Office of Fin...

Department of Retirement Systems director to take new position in October

14-Jul-2016

Olympia -- Washington Department of Retirement Systems Director Marcie Frost has accepted the position of Chief Executive Officer of the California Public Employees' Retirement System (CalPERS), i...

LEOFF Plan 1 members may purchase an annuity

09-Jun-2016

New law will also open a future annuity purchase window for certain other LEOFF and WSPRS retirees A new law that took effect June 9, 2016, allows Law Enforcement Officers’ and Fire Fighters’...

Retired teachers using Early Retirement Factors (ERFs) can substitute teach beginning June 10

09-Jun-2016

Teachers’ Retirement System (TRS) Plans 2 and 3 teachers who retired using the 2008 Early Retirement Factors (ERFs) will be able to return to work as substitute K-12 teachers for up to 867 hours p...

Plan 2/3 teachers and school employees ask: What's the best retirement month for me?

18-Mar-2016

When it comes to retirement planning, teachers and school employees in Plans 2 and 3 often ask whether it’s better to retire at the end of June (when they stop working) or in September (when their...

Members can now update beneficiary information online

10-Mar-2016

The Department of Retirement Systems (DRS) has just released a new online tool to help you ensure your remaining benefit will quickly go to the right person(s) down the road. Now you can update yo...

Direct deposit for retirees — easier than ever!

21-Jan-2016

Have you discovered the convenience and security of using direct deposit for your retirement benefit payments? If not, now is a great time to sign up. DRS has made it easier than ever to get start...