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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
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
The basics of retiring with DRS - Department of Retirement Systems Member, NewsOnce you’ve reached the required age and years of service for your plan, you can apply for your pension retirement through DRS We have a complete retirement checklist as well as live and recorded seminars to guide you through the retirement process, but basically it goes like this: 1 Make sure you qualify for retirement Do you meet the age requirements? Do you have the number
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
Washington - Online Account Access For your security, the Department of Retirement Systems has added multi-factor authentication to all DRS online accounts Multi-factor authentication (MFA) is a two-step process to verify you are the owner of your DRS online account With MFA, you’ll receive an authentication code that will be sent to the email address or mobile phone number registered in your account Enter and submit the
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
DRS Notice 25-026, Compliance Review Common Findings EmployerPosted on December 05, 2025 Applies to: All Employers Subject: DRS Notice 25-026, Compliance Review Common Findings The DRS Compliance Team has been busy conducting compliance reviews throughout the state We would like to share with you the common themes issues that the team is seeing Retirement Status is not being verified for all new hires RCW 41 50 139 requires employers to obtain