The Deferred Compensation Program (DCP) is a special type of savings program that helps you invest for the retirement lifestyle you want to achieve — a lifestyle that might be hard to reach with just your pension and Social Security. Unlike traditional savings accounts, DCP is tax-deferred — it lowers your taxable income while you are working and it delays payments of income on your investments until you withdraw your funds. DCP is a great way to save.
Employees of Washington state and political subdivisions who offer the DCP program are eligible to participate in DCP. Enrollment is easy!