Home » DRS News

DRS News

Information for DRS customers

From the Department of Retirement Systems – The Washington State Legislature has not yet approved state operating or capital budgets for the 2017–19 Biennium, which begins July 1. If the Legislature does not enact budgets by June 30, state agencies will have to implement full or partial shutdowns. While we still expect the budgets to be approved by June 30, …

Read More »

Cost-of-Living Adjustments – 2017

From the Department of Retirement Systems – Cost-of-Living Adjustments (COLAs) have been set for 2017. LEOFF Plan 1 COLAs take effect April 1. COLAs for all other plans take effect July 1. The tables below show the new COLAs based on your retirement date and plan. COLAs are based on changes in the Consumer Price Index for the Seattle-Tacoma-Bremerton area. …

Read More »

Retired and waiting for your 1099-R for tax purposes?

From the Department of Retirement Systems: Retired and waiting for your 1099-R for tax purposes? Your 1099-R form will be mailed by the end of January. Beginning Jan. 23, you can get a copy of your 1099-R by signing in to your retirement account and then selecting the 1099-R link on the left side of the page. From there you …

Read More »

DRS 2016 Annual Financial Report

The DRS Summary Annual Financial Report (SAFR) for 2016 has been published online. Click here to view the PDF report. Below are a couple of pages of interest. The full report can be viewed above.  

Read More »