Retirement
Retirement
If an employee is eligible for retirement, he or she will make monthly contributions to the state retirement system. To become vested in the system, an employee must work 60 eligible months of 70 hours each. After vesting, employees become eligible for a pension once they meet the minimum requirements for their plan.
Department of Retirement Systems
PO Box 48380
Olympia, Washington 98504-8380
1-800-547-6657
Other Retirement Options
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Deferred Compensation Program
Washington State Department of Retirement Systems
DRS Deferred Compensation Program
1-888-327-5596
The Deferred Compensation Program (DCP) is a special type of savings program that helps you invest for the retirement lifestyle you want to achieve—a lifestyle that might be hard to reach with just your pension and Social Security.
DCP is an IRC Section 457 plan administered by the Washington State Department of Retirement Systems (DRS). DCP is similar to a 403b program.
To sign up or make changes in your Deferred Compensation deduction amounts, please contact the Washington State Department of Retirement Systems (DRS). They will notify the Payroll Office to start or change your deduction amount. -
TSA Consulting Group Inc.
Third Party Administrator for Other Retirement Options.
TSA Consulting Group Inc.
Toll Free 1-888-796-3786Visit the TSA website listed above for more information about:
- Tax Sheltered Annuities, 403(B), 403(B) Roth, and 457
- List of Authorized Investment Providers.
- Enrollment Forms.
Retirement Contact
Jennifer Henderson
Payroll Director
(509) 663-8161
Email