From DRS: Cost-of-Living Adjustments (COLAs) have been set for 2020. COLAs for all plans will take effect July 1 and will be reflected in end-of-July benefit payments. PERS and TRS Plan 1 will receive a 3% COLA (with a $62.50/mo cap) for 2020, effective July 1 and will be reflected in end-of-July benefit payments as a result of HB 1390 being …
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From DRS: On March 31, 2020, Governor Jay Inslee issued a proclamation related to the COVID-19 outbreak which waives return-to-work restrictions for retirees in specific retirement systems and plans. Under the governor’s proclamation, retirees in the Public Employees’ Retirement System (PERS), the Public Safety Employees’ Retirement System (PSERS) and the Law Enforcement Officers’ and Fire Fighters’ Retirement System Plan 2 (LEOFF 2) …
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From the Department of Retirement Systems: For DRS customers: Uncertain times and your retirement The turbulence and uncertainty surrounding the COVID-19 pandemic can be unsettling whether you are currently retired, retiring soon, or even if retirement is years away. We understand your concern. Here are some things to know as we navigate through this current event. For retirees: One of the …
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Effective Tuesday, March 17, the Department of Retirement Systems will be on a reduced schedule for in-person customer services at the agency’s building in Tumwater. Visitor service hours will be limited to 9 am to 1 pm Tuesdays, Wednesdays and Thursdays. In-person visitor services will not be available Mondays and Fridays. For additional information, see DRS’ response to COVID-19. For all …
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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