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State of Washington: Department of Retirement Systems 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
DRS: Contact Us - Department of Retirement Systems Customer Contact Use your online account For fast, secure service, log into your DRS online account and use the personalized Contact Us tool Call us: 800 547 6657 Local: 360 664 7000 TTY: 711 How to reduce your call wait time Other Contacts Additional DRS contacts If you are a customer contacting DRS, you’ll receive the fastest service
Washington - Online Account Access This site provides online account services for members and retirees of the Washington State Department of Retirement Systems, including access to investment account information for Plan 3 and the Deferred Compensation Program
PERS Plan 2 - Department of Retirement Systems The Average Final Compensation, or AFC is the average of your 60 consecutive highest earning months in your career This could be at the beginning, middle or end of your career DRS uses your AFC income information to calculate your pension amount For high income public employees, federal law limits the amount you can contribute toward retirement and limits the benefit calculation
COLA rates established for 2025 - Department of Retirement Systems 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
DRS: Online Account Online account As a member or retiree in any DRS pension plan, you can securely access your retirement account online And it takes just a few minutes to activate your account What can I do with an online account? Employed members use online accounts to: View account information Update beneficiaries Send secure messages to DRS
Multiple Plans - Department of Retirement Systems Changing systems or plans Once you select or default into a plan, your plan choice is permanent This means if you start work and select PERS Plan 2, you will be in PERS Plan 2 with every future PERS covered employer
Webinars - Department of Retirement Systems Health Care Authority offers a variety of webinars on retired member health care through PEBB (Public Employees Benefits Board) Employees receiving health insurance through PEBB or the School Employees Benefits Board (SEBB) are eligible to receive health care coverage in retirement from PEBB