From the Department of Retirement Systems: Help us serve you better Posted on April 25, 2024 Do you have ideas for making our communications clearer? We are looking to build a bank of members and retirees to participate in upcoming focus groups designed to improve our systems and how we communicate with you. What will we ask you to do? …
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COLA rates established for 2024
COLA rates established for 2024 A 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 2024 COLA percentages by retirement date and plan. When …
Read More »Access your 1099-R starting Jan. 24
From the Department of Retirement Systems: Looking for your 1099-R form for tax purposes? Beginning Jan. 24, you can access it by signing in to your retirement account and then selecting the 1099-R link from the main menu. From there you can view or print a copy. Hard copies of the form will be mailed by the end of January. For Plan …
Read More »DRS Podcast Episodes for Retirees
From the Department of Retirement Systems: As a retiree, you’ve worked hard to save – and now, you want to know you’re making the best financial decisions. In our latest podcast episodes, we take a deeper look at how to get the most out of Medicare and as well as your pension. We’ve brought in the experts and ask them our burning …
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