State of Washington: Department of Retirement Systems A cost-of-living adjustment (COLA) is an annual adjustment applied to your retirement income to reflect changes in the economy (inflation) Most DRS retirement plans offer a COLA, but Plan 1 members in PERS and TRS only have a COLA if they selected it during retirement
Employer Services This site provides access to online resources for employers participating in retirement systems provided by DRS To request access to the system please contact your organization's DRS Main Contact or contact Employer Support Services at 360-664-7200 option 2, or 800-547-6657 option 6, option 2
Plans - Department of Retirement Systems Public Safety Employees’ Retirement System (PSERS) PSERS Plan 2 A pension plan for public safety employees If you are employed on a full-time basis by one of the following employers and your primary responsibility is covered under RCW 41 37 010(19), you are eligible for PSERS membership
DRS Forms - Department of Retirement Systems DRS forms Popular New hire member information (PERS, TRS, SERS) Beneficiary selection (or update online) DCP Enrollment Direct deposit (or update online) Change name address (or update online) IRS Form W-4P (for tax withholding) Retirement applications Enrollment Withdrawal More forms More DRS publications DCP – Deferred Compensation Program PERS Public Employees Retirement System TRS
DRS: Contact Us - Department of Retirement Systems Customer Contact Use your online account For fast, secure service, log into your DRS online account and use the personalized Contact Us tool Call us: 800 547 6657 Local: 360 664 7000 TTY: 711 How to reduce your call wait time Other Contacts Additional DRS contacts If you are a customer contacting DRS, you’ll receive the fastest service
Online Account Access - Washington Security Changes What is changing? For your security, the Department of Retirement Systems has added multi-factor authentication to all DRS online accounts
Washington - Online Account Access This site provides online account services for members and retirees of the Washington State Department of Retirement Systems, including access to investment account information for Plan 3 and the Deferred Compensation Program
DRS: Rollovers - Department of Retirement Systems What is a rollover? A rollover is moving funds from one eligible retirement plan to another Rollovers can include a rollover out (moving funds out of an account) and a rollover in (moving money into an account)
DCP - Deferred Compensation Program - Plan Page Retirement plan guides for all Department of Retirement System plans including rules and benefit information for Washington State DRS pension customers
Webinars - Department of Retirement Systems Health Care Authority offers a variety of webinars on retired member health care through PEBB (Public Employees Benefits Board) Employees receiving health insurance through PEBB or the School Employees Benefits Board (SEBB) are eligible to receive health care coverage in retirement from PEBB