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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
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
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
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
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
DRS: Service Credit Service Credit Your service credit is the number of years you work in public service Your employer reports this time to DRS Depending on which retirement system you are in, your service credit may be calculated differently Your time in service does not always equal your service credit Visit your online account to view your complete service credit history We’re often asked to explain
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
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
DRS: Member Contribution Rates Retirement news and information including upcoming changes, financial reports, legal and legislative impacts for DRS customers