The 2026 Annual Comprehensive Financial Report (ACFR) reflects our ongoing commitment to accurate and transparent financial reporting of the retirement systems. The DRS ACFR includes DRS’ financial statements, including notes and supporting schedules. Additional information included in the DRS ACFR is summarized in the following list: Financial information for employers The 2026 Participating Employer Financial…
Category Archives: Member
Most DCP and Plan 3 investment costs reduced in 2026
Each year, we post annual fee changes for DCP and Plan 3 investments. Fees are based on the cost to manage the investments and vary by fund type. DRS investment options are provided by WSIB (Washington State Investment Board). To view the updated fee tables or find out more about fees, visit the investment section…
Time travel your way to retirement
Break out your favorite vintage shirt and hit rewind. This October, we’re taking a trip back in time for National Retirement Security Month, with a little retirement planning along the way. We’ve created a collection of vintage bedrooms inspired by different generations. Explore each one to find familiar toys, gadgets and other throwbacks, along with…
Retirement stories: How two customers chose survivor options
Your pension takes care of you and your partner during your retirement. If you pass and that income goes away, what happens to your partner? To help you understand survivor options, we’re sharing stories that show how two couples considered their future. Their names and jobs have been changed for privacy reasons, but their decisions…
Tips for keeping your retirement account secure
Keeping your DRS account safe starts with good cybersecurity habits, including using Multi-Factor Authentication (MFA). You can also take a few extra steps to add another layer of protection. Here are few simple ways to help keep your account secure: These are just a few simple steps you can take to help protect your DRS…
Annual Customer Survey
At DRS, our mission is to empower public workers to retire with confidence by providing timely information, trusted expertise and the tools you need every step of the way. As part of that commitment, we invite you to participate in our Annual Customer Survey. Your feedback is essential. It helps us understand what works well…
Records request for WSP retiree information
Only Washington State Patrol (WSP) retirees are affected by this notification. The Department of Retirement Systems has received a public records request from Geoffrey Jacobson, including a signed Declaration of Non-Commercial Purpose. Jacobson requested the following information about WSP members who receive monthly payments from Jan. 1, 2024, through June 1, 2026: List for all Washington…
What to do when you’re brand new
Did you know that you started earning a pension benefit when you were hired into public service in Washington state? If you didn’t know until just now, we understand. A new job can be overwhelming – loads of information is served up to you all at once. You may have not had time to absorb…
What’s a DRS annuity?
DRS annuities are guaranteed income plans. They are in addition to your pension plan and not tied to market risk. Unlike some private annuities, you cannot outlive them, even if you’ve exhausted your balance. Once purchased, your DRS annuity will pay you monthly for the rest of your life. How much does an annuity cost?…
Retirees requested for disaster recovery
The Military Department has requested that DRS alert retirees to an urgent need to hire folks to support ongoing disaster recovery operations in Spokane and statewide. For more information about the Disaster Reservist Program and how to apply, visit: Disaster Reservist Program Hours worked for the Military Department will count towards your annual limit. Most retirees…
