Is it a bear or a bull?

Understanding the market’s animal-like behavior You’ve most likely heard the words “bear” and “bull” when the topic of the stock market comes up. But what do they mean when applied to investing and saving for retirement? These symbolic animals, known for their strength and stubbornness, are used to represent market volatility; bear markets fall, and…

The 2024 Annual Report is here

The 2024 Annual Comprehensive Financial Report  (ACFR) reflects our ongoing commitment to accurate and transparent financial reporting of the retirement systems. It contains the following detailed information: Financial information for employers The 2024 Participating Employer Financial Information (PEFI) is now available. It includes allocation schedules and information to assist employers participating in the state of Washington’s multiple-employer, cost-sharing…

Keep your retirement accounts secure

Each October National Cybersecurity Awareness Month focuses on raising awareness of the importance of cybersecurity. This month is a great time to do a security check on your retirement accounts. Here are three tips that will help ensure that your accounts are safe: And here’s another great tip that’s easy to do right now while…

Is that email or call really from DRS?

We often hear about email and phone schemes targeting public employees. Scammers disguise themselves as the Department of Retirement Systems representatives and request personally identifiable information from unsuspecting recipients. These days, we’re all on high alert for this type of fraudulent behavior. But the scams change because more and more people are savvy to them.…

DRS annuity options

What’s an annuity? An annuity is a guaranteed income plan you purchase with pre-tax money such as DCP. The money you receive from your annuity is in addition to the money that you receive from your pension. With annuities, you take money out of market risk and use it to give yourself a monthly lifetime…

Back to Top