From the Department of Retirement Systems: Cost-of-Living Adjustments (COLAs) for DRS-administered retirement systems and plans that receive a COLA have been established for 2022. LEOFF Plan 1 COLAs will take effect April 1 and will be reflected in end-of-April benefit payments. For all other plans that are eligible for a COLA, the COLA will take effect July 1 and will …
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From the Department of Retirement Systems: Washington State DRS – 1099-R tax form available online Jan. 22 Looking for your 1099-R form for tax purposes? The forms will be available beginning Jan. 22. 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 it or print …
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From the Department of Retirement Systems: WSIB Enhances Retirement Strategy Funds This fall, a change is coming to DRS Retirement Strategy Funds (RSFs), which are provided by Washington State Investment Board (WSIB). They will include a new component called the Total Allocation Portfolio (TAP). The TAP includes a broad mix of asset classes including public market investments (public equities and fixed income) plus …
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COLA Percentages – 2021 Posted 3-5-2021 Cost-of-Living Adjustments (COLAs) have been set for 2021. LEOFF Plan 1 COLAs will take effect April 1 and will be reflected in end-of-April benefit payments. COLAs for all other plans will take effect July 1 and will be reflected in end-of-July benefit payments. Most COLAs are based on changes in the Consumer Price Index for the greater Seattle …
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Retired Public Employees Council of WA Working to protect and enhance the pension and health care benefits of Washington retired state, county and local government employees