Upgrade Resource Center - Timeline

DRS is upgrading your services to make your retirement planning easier. We will update this page throughout the upgrade to keep you informed every step of the way.

  • On March 4, 2016 Empower Retirement will be the new record keeper for PERS, SERS and TRS Plan 3 accounts.
  • Your fund investment options remain the same.
  • The upgrade is automatic. You do not need to do anything.
  • You should know about some upcoming dates though. For example, during the transition period between Feb. 22 and March 4, access to your Plan 3 retirement account will be limited. For more important dates, see the timeline below.
Last update: Dec. 14, 2015

Email me when this page is updated

Important Dates

  • Transition Period

    The transition period will begin at 1 pm Feb. 22 and end at 8 am March 4 (Pacific Time). Your retirement balance will be moved from ICMA-RC to Empower Retirement. While you will be able to view your Plan 3 online account information during the blackout, your ability to make changes will be limited. Your money will remain invested in the funds you have selected. Once the transition ends March 4, you will be able to make changes as usual. We recommend you make any desired changes before the transition period.

  • Plan 3 Account Balance Transfer

    Plan 3 ICMA-RC accounts will show a $0 balance. The zero balance represents the successful transfer of your account data from ICMA-RC to Empower Retirement. The ICMA-RC account will remain at a $0 balance.

    To view your transferred balance, access your ICMA-RC account history through online account access Select the plan you want to view (WSIB or Self), then go to “View Transaction History.” The last debit out amount listed on this page is your transferred account balance.

  • Transition Period Ends

    By 8 am Pacific Time, your Plan 3 account data will have completed the transfer to Empower Retirement recordkeeping. You will experience a new Plan 3, DCP and Plan Choice website through Empower Retirement. Log in to your account to view the new tools and menus.

  • Account history access

    This will be the last day you can access your old ICMA-RC account. If you want copies of your old statements or account history, download them before the end of May.

Related Links