Retirees, inactive members, beneficiaries and legal-order payees: You can update your address from your online retirement account. Just select “Address” from the welcome screen. If you need to update your name, fill out and send in a printed form as well as a copy of documentation showing the change.
Active members: Update your name and/or address through your employer. That new information will soon appear in your online retirement account.
Effective July 1, 2019, the administrative and investment management fees the Washington Investment Board (WSIB) charges to Plan 3 accounts and the Deferred Compensation Program (DCP) will increase to 0.0226% from the current level of 0.0205%.
Additionally, the administrative fee the Department of Retirement Systems (DRS) charges to DCP will increase to 0.0473% from the current level of 0.0453%
Both adjustments are due to recent budget increases approved by the Legislature. For WSIB, the increases are primarily due to the addition of staff members to support certain investment strategies and data analytics. For DRS, the increases are chiefly due to two projects related to information technology security and system modernization.