DRS Notice 24-001Date: January 23, 2024Applies to: All EmployersSubject: DRS Notice 24-001, Insert for New Hire Plan Choice Booklets This notice is regarding the printed plan choice booklets for new hires in PERS, SERS and TRS. We have an updated insert available for Plan Choice Booklets published June 2023, and earlier. Effective Jan. 1, 2024,…
Category Archives: Employer
DRS Notice 23-020, Secure Access Washington (SAW) warning
DRS Notice 23-020Date: November 20, 2023Applies to: All EmployersSubject: DRS Notice 23-020, Secure Access Washington (SAW) warning Washington Technology Solutions (WaTech) has notified state agencies that Washingtonians who use the Secure Access Washington (SAW) portal to access state services should be on the lookout for spoofed (fake) internet ads that pretend to be government links…
DRS Notice 23-019, Roth Option Now Available in DCP
DRS Notice 23-019Date: October 20, 2023Applies to: All DCP EmployersSubject: DRS Notice 23-019, Roth Option Now Available in DCP Roth is now live for all Deferred Compensation Program (DCP) customers. You could start seeing Roth deferral changes for your employees on your deferral change report soon. How do employees add Roth? Current DCP participants can…
DRS Notice 23-018, Holiday Leave Banks
This notice is provided to clarify the rules for reporting data to DRS regarding holiday leave banks. Certain employees whose duties entail providing essential or emergency services (such as firefighters, police officers, correctional officers, 911 dispatchers, etc.) are often required to work on recognized holidays. Some employers create holiday leave banks for these employees and…
DRS Notice 23-017, Retirement Planning Email Scam Alert
Notice No: 23-017Date: October 05, 2023Applies to: School Districts, Charter Schools, Tribal Schools, Educational Service DistrictsSubject: DRS Notice 23-017, Retirement Planning Email Scam Alert We’ve learned about an email scam targeting TRS and SERS employees. Those who have been affected report that a scammer presents themselves through email as a retirement planning professional who offers…
DRS Notice 23-016, New Return to Work Rules and Type Code Changes
Notice No.: 23-016 Date: October 02, 2023 Applies to: School Districts Subject: DRS Notice 23-016, New Return to Work Rules and Type Code Changes Starting Jan. 1, 2024, there will be new Type Codes required for reporting certain retirees who have returned to work. Here are the changes: If the retiree has retired from more…
DRS Notice 23-015, New Return to Work Rules and Type Code for Non-administrative Nursing Positions
Notice No.: 23-015Date: October 02, 2023Applies to: State Agencies and Institutions of Higher EducationSubject: DRS Notice 23-015, New Return to Work Rules and Type Code for Non-administrative Nursing Positions Effective: April 14, 2023 —July 1, 2026: Retirees from the Public Employees’ Retirement System (PERS) and the Public Safety Employees’ Retirement System (PSERS) can now return…
DRS Notice 23-014, Repeal of Stricter Return to Work Rules for 2008 ERF Retirees
Notice No.: 23-014Date: October 02, 2023Applies to: All EmployersSubject: DRS Notice 23-014, Repeal of Stricter Return to Work Rules for 2008 ERF Retirees Starting Jan. 1, 2024, there will no longer be different rules for retirees returning to work who retired using the 2008 Early Retirement Factors (2008 ERFs). This is a result of SHB…
DRS Notice 23-013, Public Service Loan Forgiveness (PSLF) Eligibility Letters
Notice No: 23-013Date: September 28, 2023Applies to: Local Government and School District EmployersSubject: DRS Notice 23-013, Public Service Loan Forgiveness (PSLF) Eligibility Letters The Public Service Loan Forgiveness program is available for your employees. With PSLF, your employees can have their federal student loan debts forgiven after making payments for 10 years while working for…
DRS Notice 23-012, Reporting Training Available for DCP Roth
Notice: 23-012Date: Sept. 7, 2023Applies to: All DCP EmployersSubject: DRS Notice 23-0012, Reporting Training Available for DCP Roth We’ve entered the final weeks before the DCP Roth option starts October 1. A few important pieces of information: Employer reporting training Now that you’ve had the opportunity to attend a Roth Education Session overview, it’s time…