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WA TRS

What is TRS/SERS?

The Washington Department of Retirement Services has created pension plans aimed at providing retirement and survivor benefits for public school employees.  The Teachers Retirement System (TRS) is a plan for educators.  The School Employees' Retirement System (SERS) is a plan for public school, non-educator employees. 

Take Me To WA DRS Plans

What Plan Do You Belong?

TRS Plan 2

TRS Plan 2

A pension plan for teachers who established membership:

on or after October 1, 1977, unless transferred to Plan 3;

or
on or after July 1, 2007, and chose Plan 2.

TRS Plan 2
TRS Plan 3

TRS Plan 3

As of June 30, 2020, Plan 2 is the default plan for TRS members who do not select a plan in their first 90 days of employment.

A pension and investment plan for teachers who established membership:

in Plan 2 and chose to transfer to Plan 3; or
on or after July 1, 1996, and before July 1, 2007; or

on or after July 1, 2007, and chose Plan 3.
On and before June 30, 2020, Plan 3 was the default plan for TRS members who did not select a plan in their first 90 days of employment.

TRS Plan 3
SERS Plan 2

SERS Plan 2

You are a Plan 2 member if you were first hired into a SERS-eligible position with:

Past PERS Plan 2 service

Before July 31, 2009 and you did not transfer to Plan 3. You may have the opportunity to transfer to Plan 3 each January.
On or after August 1, 2009 and you chose to be in Plan 2.
No past PERS Plan 2 service

On or after July 1, 2007 and you chose to be in Plan 2.
As of July 1, 2020, Plan 2 is the default plan for SERS members who do not select a plan in their first 90 days of employment.

SERS Plan 2
SERS Plan 3

SERS Plan 3

 You are a Plan 3 member if you chose to transfer to Plan 3 or were first hired into a SERS-eligible position on or after:

September 1, 2000 and before July 1, 2007; or

August 1, 2009 and chose to be in Plan 3.
On and before June 30, 2020, Plan 3 was the default plan for SERS members who did not select a plan in their first 90 days of employment.

SERS Plan 3

To confirm your membership level, click on the link below to sign into your Washington DRS online member account.  There you will be able to view your hire date and confirm your membership group.

WA DRS Member Account Sign-In

DCP or Plan 3 Member?

Click the button below to access the DCP and Plan 3 online investment accounts.

DCP & Plan 3 Investment Account Log-In

WA DRS Information Release Authorization

Through the information release authorization, DRS allows its members the opportunity to authorize third parties for obtaining information about their accounts and benefits.  In other words, this form enables Foster & Associates to communicate directly with DRS on your behalf.  Communicating directly with DRS is another level of service Foster & Associates provides to our clients. 

Information Release Authorization

Contemplating Retirement?  Be Sure To Get Your Benefit Estimate

Washington DRS pension benefit estimates are available through the member's online account.  Estimates should generally be requested within 3-12 months of the anticipated retirement date.  Click on the button below for a DRS video addressing the steps to consider when retiring from the state's pension plans.

DRS Retirement Steps

How We Can Help

As we guide our clients through the WA DRS retirement process, we are sure to highlight the enduring impact of the pension choices selected.  Undoubtedly, the decisions made when completing the retirement paperwork will likely reverberate throughout a member's lifetime.  Recognizing the complexity and potential intimidation of this process, our team stands ready to provide professional guidance, ensuring individuals select the optimal path forward. From navigating estimate requests to dissecting the nuances of each option, we offer guidance and support at every step.

Our approach extends beyond WA DRS alone. We work with our clients to assess all facets of their individual financial landscape, not just their pension strategy.  We consider supplemental retirement accounts, sources of income such as 403(b)s, IRAs, and Social Security, as well as potential rental income, among others. Our holistic approach allows us to craft a cohesive financial strategy, integrating all elements seamlessly. While other advisors may overlook these crucial details, we prioritize the panoramic view, ensuring every piece of the retirement puzzle fits harmoniously. When it comes to navigating the complexities of pension decisions, WA DRS members can trust that we offer unparalleled expertise and unwavering support.

Schedule a Consultation

If you are at or nearing retirement or have general WA state pension questions, please click the button below to connect with us.

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