Looking for your 1099-R form for tax purposes? You can access it by signing in to your retirement account and then selecting the 1099-R link from the main menu. From there you can view or print a copy. Hard copies of the form will be mailed by the end of January. For Plan 3 and DCP customers, starting Feb. 1, any 1099-R forms from your investment accounts will be sent separately. They will be mailed from State Street Bank and available through the record keeper website under “Tax Forms” in the “Statements and Documents” section. You can also access your investment account from your DRS online account by selecting either Plan 3 or DCP in your plan menu once you are logged in. While you are logged into your account, be sure to add or update your mobile number for account security. See the IRS 1099-R webpage for more information. How to view your 1099-R From the DRS homepage, select the Member Login button in the top right. Log in to your online account. In the menu bar, select 1099R under your plan name. From here, you can view and print your 1099-R. You can also see forms from previous years.

If you’re interested in pension-related legislation, sign up below to receive an email alert when we update our Pension-Related Legislation page. We expect to send updates weekly, but we may send more or less frequently depending on how bills move through the legislative process. As part of this list, you might also receive a few messages throughout the year notifying you if we update any administrative rules. You’re also welcome to subscribe to other lists, such as Member News, or subscribe to receive legislative updates using SMS text messaging instead of email. Just select “Subscribe” at the top of each page on the DRS website for all available subscription options. More news See all news

The 2026 Cost-of-Living Adjustments (COLA) percentages effective July 1 for most plans have not been released. DRS will update the COLA information page when the information becomes available (usually sometime in March). You can review the current 2025 COLA adjustments on the COLA information page.

Mark your calendar – the new schedule is here! DRS issues pension payments on the last business day of each month. Please note: the date you receive your payment will depend on your financial institution. 2026 pension payment schedule January 30 February 27 March 31 April 30 May 29 June 30 July 31 August 31 September 30 October 30 November 30 December 31 Keep your information up to date To use a different bank account for direct deposit, update it in your online account. Your new information will need to be provided early in the month (before the 15th) to be effective for that month. Keep your address up to date. You’ll receive a payment in the mail if the change is not effective in time. Also, keeping your address current allows your tax documents to be delivered on time. How to update your direct deposit: Log in to your online account Select My Account from the menu options listed. This will bring up a table of your account information. Next to Direct Deposit select View/Edit. For security, enter the current bank account number you have on file. Enter the new routing number. Select Validate Number. Enter the new account number and information. Check the agreement box and select Next. When prompted, verify your changes using multi-factor authentication. If you do not receive a confirmation email/text, it was not successfully changed.