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State of Washington: Department of Retirement Systems State of Washington: Department of Retirement SystemsThe IRS limits have increased for retirement savings programs like Washington’s Deferred Compensation Program (DCP) Beginning Jan 1, you can contribute up to $24,500 per year Age 50 or older: you can contribute an additional $8,000 beyond the limit ($32,500 for 2026) For highly compensated employees ($150,000 in FICA wages for 2025
Plan 3 and DCP Account Log In Options DCP, Plan 3 and JRA investment accounts Log in options DRS online account or Direct investment log in What’s the difference? DRS online account Access ALL your DRS retirement accounts using a single username and password Most DRS customers use this method because they can access their DRS pension or investment information with one account
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: Contact Us DRS specialists are available weekdays from 8:30 am to 4:00 pm Call Tuesday through Thursday, avoiding the lunch hour, for the shortest wait time Leave a call back number when prompted to keep your spot in line and avoid waiting on hold altogether Avoid hold times by logging into your online account to send us a secure message
COLA rates established for 2025 - Department of Retirement Systems Member, NewsA 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 receive the 2025 COLA? LEOFF Plan 1 COLAs
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
Cost of Living Adjustment (COLA) - Department of Retirement Systems Cost of Living Adjustment (COLA) A cost-of-living adjustment (COLA) is an annual adjustment applied to retirement income to counteract cost changes in the economy (inflation) While most DRS retirement plans offer a COLA, Plan 1 members in PERS and TRS only have a COLA if they selected it during retirement
Plans - Department of Retirement Systems Retirement plan guides for all Department of Retirement System plans including rules and benefit information for Washington State DRS pension customers
PERS Plan 2 - Department of Retirement Systems Retirement plan guides for all Department of Retirement System plans including rules and benefit information for Washington State DRS pension customers