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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
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
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
Considering a 403 (b) or 457 (b) plan? - Department of Retirement . . . Member, NewsWhile public employees have lots of ways to save for retirement, two of the most popular are IRC Section 457 (b) and Section 403 (b) plans Both provide for pre-tax contributions taxed as income when withdrawn, but there are some differences to consider when choosing the best option for you Many Washington public employees have access to a pre-tax 457 (b) plan through the Deferred
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
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
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
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
LEOFF Plan 2 - Department of Retirement Systems LEOFF Plan 2 Law Enforcement Officers’ and Fire Fighters’ Retirement System (LEOFF) Plan 2 is a 401 (a) lifetime retirement pension plan available to law enforcement officers and firefighters in Washington You, your employer and the state contribute a percentage of income to fund the plan
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