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. View the 2026 COLA percentages by retirement date and plan. When will I ...
For your security, the Department of Retirement Systems has added multi-factor authentication to all DRS online accounts. Multi-factor authentication (MFA) is a two-step process to verify you are the owner of your DRS online account.
DRS follows a regular schedule of maintenance and data processing on the systems that support online account services for our customers. The DRS online account planned maintenance schedule is an estimated timeline for upcoming maintenance. During these periods, access to your online account will be limited or unavailable.
DRS specialists are available weekdays from 8:30 am to 4:00 pm. Call Tuesday through Thursday, avoiding the lunch hour, for the shortest wait time. Leave a call back number when prompted to keep your spot in line and avoid waiting on hold altogether. Avoid hold times by logging into your online account to send us a secure message.
Retirement plan guides for all Department of Retirement System plans including rules and benefit information for Washington State DRS pension customers.
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. Regulations: DCP ...