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State of Washington: Department of Retirement Systems The 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
DRS: Online Account When in doubt, contact us directly through your online account by visiting drs wa gov, or by calling That said, let’s talk about some of the emails we do send
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
The ins and outs of retirement service credits Some customers have asked about dual membership and wonder if there’s reciprocity or portability (an interchange of service credit) between DRS plans and other plans from different Washington state cities and other states
Multiple Plans - Department of Retirement Systems If you are a member of more than one Washington state retirement system, you are a dual member You can combine service credit earned in all dual member systems to become eligible for retirement
DRS: Contact Us Addresses DRS office location 6835 Capitol Boulevard SE Tumwater, WA 98501 Mailing address Department of Retirement Systems PO Box 48380 Olympia, WA 98504-8380 Mail a payment DRS Accounts Receivable PO Box 9018 Olympia, WA 98507-9018
SERS 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
LEOFF 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
Cost of Living Adjustment (COLA) - Department of Retirement Systems COLA percentages are provided to us by Washington State law RCW 41 40 010 (15) through (18) defines the “index” that is used for measuring COLAs The index is the annual average for the Consumer Price Index for the greater Seattle area To view the annual average for the past several years, select the CPI-W graph near the bottom
DRS Calculators - Department of Retirement Systems For the investment part you contribute to, Plan 3 has a few calculators to make decision-making easier Retirement savings TAP Annuity calculator Disbursement schedule Take home pay