DRS News

From DRS: July 1, 2020 Governor Jay Inslee’s proclamation related to the COVID-19 outbreak, which waived return-to-work restrictions for retirees in specific retirement systems and plans, has expired; it was in effect through July 1, 2020. The previous return-to-work laws resumed on July 2. The governor’s proclamation, provided retirees in the Public Employees’ Retirement System (PERS), the Public Safety Employees’ Retirement System …

DRS to reduce customer service availability to manage furloughs, workload The Department of Retirement Systems will reduce customer service availability and implement closure days beginning next week due to mandatory furloughs of team members and high seasonal volumes of retirement processing. Learn more about these upcoming service impacts.  

From DRS: As a result of legislation approved earlier this year, certain retirees in Plan 1 of the Public Employees’ Retirement System and Plan 1 of the Teachers’ Retirement System (PERS 1 and TRS 1) will receive a one-time benefit increase in July of this year. Under the law, eligible PERS 1 and TRS 1 retirees will receive a one-time, permanent 3% …

From DRS: The Coronavirus Aid, Relief and Economic Security (CARES) Act of 2020 was signed into law in late March. The CARES Act provides federal support in the wake of the coronavirus pandemic and associated economic fallout. The Department of Retirement Systems has posted information on two CARES Act-related items that might impact certain DRS customers: Requesting a coronavirus-related distribution Waiver of …