DRS

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DRS

The Washington State Department of Retirement Systems (DRS) administers retirement benefits for public employees.

 

  • Participation is mandatory with DRS.
  • Each plan has its own formula, service credit and retirement age eligibility.
  • Click on the link above for helpful plan information.
  • All plans (except PERS 3) are defined benefit plans, which offer a lifetime monthly pension based on a formula.
  • PERS 3 is a combination plan, consisting of a defined benefit formula and defined contribution payroll deductions.
It’s best to complete retirement applications 3-12 months before retiring. See Steps To Retire and their Retirement Planning Checklist, for helpful information.

Note: when you select a date to collect retirement benefits with DRS, your monthly benefits will take effect the first of the month following your last day worked or paid through the City of Bellevue. You will receive your first check from DRS at the end of that month.
For example. if your last day worked is June 1, your DRS benefits will take effect July 1 and you will receive your first check the end of July.
1(800) 547-6657

 

Life Stages

DRS Plans

Educational Information