Category Archives: Employer

DRS Notice: 24-020Date:     August 20, 2024Applies to: LEOFF EmployersSubject:    DRS Notice 24-020, Reporting of Non-LEOFF Employer Contributions (NLEC) Employer pickup of state contributions on LEOFF Plan 2 non-employer services Does your agency ever charge a fee or recover costs for services rendered by a LEOFF Plan 2 member to a non-LEOFF employer? If yes,…

DRS Notice 24-019Date: 8/15/24Applies to: All EmployersSubject: DRS Notice 24-019, Encrypted Emails to Secure Employee Data What is happening: To protect the Personally Identifiable Information (PII) of our customers, DRS is heightening the security for email communication that includes PII of your employees. Any email from DRS that contains the last 4 digits of an…

Date: 8/1/ 2024DRS Notice 24-018Applies to: All PERS EmployersSubject: DRS Notice 24-018, Reminder: PSERS Election Period Ends Sept. 1, 2024 This is a reminder to let you know that the election period ends Sept. 1, 2024, for your Public Employees’ Retirement System (PERS) Plan 2 or 3 employees who are existing public safety telecommunicators and…

Date:   7/26/2024Applies to: All EmployersSubject: DRS Notice 24-017, Contribution Rate Changes for PERS, PSERS, SERS, TRS, and WSPRS Pension contribution rates The contribution rates presented in the chart below become effective Sept. 1, 2024. The 2024 legislative session made contribution rate changes based on passage of the following bills: Employers who have additional questions regarding…

Date: July 16, 2024To: All EmployersSubject: DRS Notice 24-016, Completing Requests for Employer Information (RFEI) It is very important that Requests for Employer Information are responded to in a timely manner. RFEIs are sent to employers when additional information is needed to verify the data reported in the member’s account. Many RFEIs are generated when…

Notice: 24-015Date: 06/26/2024To: All EmployersSubject: DRS Notice 24-015, Reporting Accurate Separation Dates and Using a Retirement Checklist Understanding and reporting accurate separation dates for your retiring employees is crucial. To separate from service means a member has terminated all employment with their employer (WAC 415-02-115). The separation date is the last day the employee worked…

Date: June 10, 2024Notice 24-014Applies to: School Districts, Charter Schools, Tribal Schools, Educational Service DistrictsSubject: DRS Notice 24-014, Separation Dates for DRS and SEBB As an employer, it’s important to know how the separation date reported to DRS affects your employees’ health insurance options in retirement. The timing of their resignation, and how and when…

DRS Notice 24-013Date: June 07, 2024To: DCP Autoenroll EmployersSubject: DRS Notice 24-013, Process for members who opt out of DCP auto enrollment. Reminder – do not refund DCP contributions to an employee who desires to opt out of DCP after being auto enrolled. If an employee chooses to opt out of participation in DCP and…

DRS Notice 24-012Date: May 31, 2024Applies to: LEOFF Employers Who Employ Law Enforcement OfficersSubject: DRS Notice 24-012, LEOFF Membership Expanded to Include Less Than Full-Time Law Enforcement Officers as of July 1, 2024 Beginning July 1, 2024, less than full-time, fully commissioned, fully compensated law enforcement officers are included in Law Enforcement Officers’ and Fire…

Date:   May 21, 2024Applies to: All EmployersSubject: DRS Notice 24-011, Contribution Rate Changes for PERS and PSERS Pension contribution rates The contribution rates presented in the charts below are effective July 1, 2024. Contribution rate changes for PERS and PSERS based on ESSB 5294 – Concerning actuarial funding of state retirement systems are listed below. On or before…