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DRS open for business during building renovation

12-Jul-2019

We’re renovating the DRS building in Tumwater to better serve our customers. During the renovation, DRS is open for business with normal operating hours. Work on the building will continue int...

Notice to retirees – recurring public records request

12-Jul-2019

The Department of Retirement Systems has received a public records request for information about individuals who retired from a DRS-administered retirement system. The request is from the Reti...

July 1 fee updates for Plan 3 and DCP

14-Jun-2019

Effective July 1, 2019, the administrative and investment management fees the Washington Investment Board (WSIB) charges to Plan 3 accounts and the Deferred Compensation Program (DCP) will increas...

New member contribution rates become effective in July and September

23-May-2019

Member contribution rates for the 2019-2021 biennium have been approved by the Legislature. They become effective on July 1, 2019 and Sept. 1, 2019, depending on your system and plan. You can see ...

Notice to retirees – public records requests

05-Apr-2019

The Department of Retirement Systems has received two public records requests for information about individuals who retired from a DRS-administered retirement system. After a thorough review, ...

Plan 2/3 teachers and school employees ask: What's the best retirement month for me?

28-Mar-2019

When it comes to retirement planning, teachers and school employees in Plans 2 and 3 often ask whether it’s better to retire at the end of June (when they stop working) or in September (when their...

Notice to retirees - public records request

15-Mar-2019

The Department of Retirement Systems has received a public records request for information about individuals who have retired from a DRS-administered retirement system. A copy of the request is av...

COLA rates established for 2019

14-Mar-2019

Cost-of-Living Adjustments (COLAs) for DRS-administered retirement systems and plans have been established for 2019. LEOFF Plan 1 COLAs will take effect April 1 and will be reflected in end-of-Apr...

Give your retirement an annual checkup

28-Jan-2019

The start of the new year is a great time to check your service credit balance and contributions in your online retirement account. Simply log in (/oaa) to view your contribution totals. Select “P...

1099-R tax form available online Jan. 24

11-Jan-2019

Looking for your 1099-R form for tax purposes? Beginning Jan. 24 you can access it by signing in to your retirement account (/oaa/) and then selecting the 1099R link from the main menu. From there...

Save more with DCP in 2019

03-Dec-2018

The IRS has increased the amount you can save for retirement through the Deferred Compensation Program (DCP). To ensure you are meeting your retirement goals, in 2019, you can increase your contri...

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