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
Deferred Compensation Program - through Washington State Department of Retirement Systems
DRS Deferred Compensation Program (1-888-327-5596)
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 1-888-796-3786
www.tsacg.com
Visit 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.
To sign up or make changes in your investment provider or deduction amounts please refer to the Online SRA Tutorial document. Employee Salary Reduction Agreement Tutorial.
Additional Resources
Contacts
Kelly Thies - Payroll/Human Resources
(509) 782-3355