Welcome to Public Service
As a new public employee, you have 90 days to choose between two different pension plans – Plan 2 or Plan 3. Public employees in Washington state are eligible for retirement benefits administered by the Department of Retirement Systems (DRS). Ready to decide which plan is best for you?
|Key Differences Between Plan 2 and Plan 3|
|Evaluating Your Situation|
|Plan Choice Calculator|
|Plan Choice Seminar 30-minute video|
|Joining Plan 2 or Plan 3|
|Transferring from Plan 2 to Plan 3|
|Plan Choice Booklet|
Investment options are offered by the Washington State Department of Retirement Systems through GWFS Equities, Inc., Member FINRA/SIPC.
Investing involves risk, including possible loss of principal.
Please consider the investment objectives, risks, fees and expenses carefully before investing. Additional disclosure documents can be obtained from your plan representative or plan website. Read them carefully before investing.
The Plan 3 Total Allocation Portfolio Annuity payments are guaranteed by the State of Washington.
Representatives of GWFS Equities, Inc. cannot offer investment, fiduciary, financial, legal or tax advice. Please consult with your financial planner, attorney and/or tax advisor as needed.
Great-West Life & Annuity Insurance Company and/or its subsidiaries is not responsible for, has not reviewed, nor does it endorse the content contained on the drs.wa.gov website.
Access to the voice response system or any website may be limited or unavailable during periods of peak demand, market volatility, systems upgrades/maintenance or other reasons. Transfer requests received on business days prior to close of the New York Stock Exchange (4 pm Eastern Time or earlier on some holidays or other special circumstances) will be initiated at the close of business the same day the request was received. The actual effective date of your transaction may vary depending on the investment option selected.
Use of this site constitutes acceptance of these Terms and Conditions. (03/2016) PT249750