Retirees may continue CFD donations
If you’re retired or are planning to retire soon, you can continue donating to the state’s Combined Fund Drive (CFD) after you retire.
CFD is an “opt out” program. In other words, if you are currently donating, then retire, your donations continue into retirement until you elect to make changes. You can also begin making CFD donations by payroll deduction at the time you retire or at any time thereafter.
“Retirees can set up reoccurring donations to their favorite charities through the CFD website,” says DRS Retirement Readiness Director Seth Miller.
Not familiar with CFD?
CFD is Washington state’s workplace giving program for public employees and retirees. The program is made up of over 4,500 charities. Each year public employees pledge more than $5.1 million to CFD charities locally, nationally and globally.
“We’ve heard from many retirees who appreciate the convenience of being able to donate to their favorite charities through a deduction in their pension check to the CFD,” Seth says.
Donors may give through monthly payroll deductions, a one-time contribution and limited-time contributions. More information on both CFD and all its member charities is available on the CFD website.
Just like health care deductions, DRS cannot change CFD contributions for retirees. You must make changes by logging into your account on the CFD website.
