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State of Washington: Department of Retirement Systems State of Washington: Department of Retirement SystemsA 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 View the 2025 COLA percentages by retirement date and plan When will I
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 To find out more, see online account access Note: You may be asked to verify ownership of your account through multi-factor authentication
DRS: Online Account Online account As a member or retiree in any DRS pension plan, you can securely access your retirement account online And it takes just a few minutes to activate your account What can I do with an online account? Employed members use online accounts to: View account information Update beneficiaries Send secure messages to DRS
DRS: Rollovers 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) You can roll out your pension account contributions, DCP and Plan 3 investment balances at any time once you separate from service Pension plan contributions made by your employer
Washington - ERA 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
Washington This screen provides a summary of the steps involved in the registration process To return to the Login screen, click 'LOGIN' on the navigation menu To continue the registration process, click the 'Get Started' button below
DRS: Withdrawals - Department of Retirement Systems You need to be separated from retirement plan-covered employment to withdraw funds from any DRS retirement account For most withdrawals, a processing time of about 90 days starts from the time DRS receives a separation date from your employer
Vested - Department of Retirement Systems Vested Being vested in your plan is a huge milestone It means you qualify for a lifetime pension You need to work a certain amount of time to be vested in your retirement plan Here’s what it takes: Plan 2 vesting You need 5 years of service credit to qualify for a pension retirement under Plan 2 If you separate from service and withdraw your contributions, you forfeit your right to a
DRS: Forms 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
Online Account Access - Washington To keep your account secure, DRS requires that you enter an authentication code Please indicate how you would like to receive your code