Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. And we’re looking at some Frequently Asked Questions today. I think this is our second episode with some FAQs that we’ve been getting from some of our listeners. So, let’s jump into it. So, we have Emily, who asked: Would you mind covering…
Category Archives: Podcast
Episode 38 – How Gen Z is prepping for retirement
Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. And we’re continuing our discussion about generational differences when it comes to finances. So, we’re talking with different DRS team members looking at how they’re preparing for retirement and what advice they have. Today, we have Jacob, who’s part of Generation Z.…
Episode 37 – Saving for retirement as a single woman from Gen X
Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. Well, there’s been a lot of talk in the media recently about financial advice for baby boomers and millennials and Gen X. And so, we decided we wanted to explore this a little more. So, for the next few episodes, we’re going…
Episode 36 – New SRI fund for DCP, Plan 3 and JRA
Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. So, if you’re in Plan 3 or DCP, there are basically two types of funds for your investments. There’s the one step or the Build and Monitor. And all the funds are managed by the Washington State Investment Board, also known as…
Episode 35 – Beneficiary vs survivor
These two terms are commonly used for retirement plans, but what’s the difference? If you haven’t retired from your plan, you only have beneficiaries. If you are retired, you could have both. In this episode, we take a look at the difference between these two terms and what they can provide for your loved ones.…
Episode 34 – Dual members and reciprocity
Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. Today, we’re going to discuss what happens with your retirement if you’ve worked in multiple public retirement systems during your career, for example, for a school district and a city. And to give a little background: at DRS, we manage multiple retirement…
Episode 33 – How pensions are guaranteed in Washington state
Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. Today we have Mitch from the Office of the State Actuary to help us learn a little bit more about how pensions work in Washington state. Welcome, Mitch! Mitch Hello. Thank you for having me. Yeah. Before we jump into any questions,…
Episode 32 – How interruptive military service can add to your retirement credit
Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. Now, you may or may not have heard that there was some legislation passed this year that allows some employees earn free retirement service credit if their employment was interrupted by service in the U.S. military. And so today we’re getting all…
Episode 31 – PEBB and Medicare overview
As a retired public employee, you have access to insurance options through the Public Employees Benefits Board (PEBB). And when you retire at age 65 or more, you’re required to enroll in Medicare. Find out more about Medicare and what options you have for a PEBB retiree health plan. Our guest is Ellen, from the…
Episode 30 – How fewer deductions in retirement can help
Episode transcript: [musical intro] Jenny Welcome back to Fund Your Future with DRS. Now, a common question that we get at DRS is members wanting to know, “is my pension benefit taxed?” And the short answer is: “yes, it is taxed,” but there are a lot fewer deductions taken out once you retire. And so,…
