Retirement
What is your plan? Will it be enough?
As a state employee, you signed up for a mandatory retirement plan when you started. Below are brief descriptions and connections to websites where you can track both the performance of your plan as a whole and your individual retirement accumulation.
Information contained on this web page is intended to be used as a reference guide for Washington state community and technical college benefit-eligible employees and their employers. Please consult plans and/or providers for information regarding benefits and plan specifics.
Retirement Information
- State Board Retirement Plan (SBRP)
- SBRP Supplemental Retirement Benefit
- Teachers Retirement System Plan 3 (TRS 3) – compare to SBRP
- Public Employee Retirement System 3 (PERS 3) – compare to SBRP
- Forms and plan documents
Other Ways to Save
Retirement Plan Resources
For classified, faculty, admin and exempt
- Washington State Department of Retirement Systems: TRS Plans 1, 2 and 3, defined benefit. TRS 3 is a hybrid plan.
- Social Security Administration: Mandatory, defined benefit.
For faculty, admin and exempt (supplemental for classified)
- Teachers Insurance and Annuity Association (TIAA, formerly TIAA-CREF)
- Washington State Higher Education Retirement Plan (HERP): Defined contribution (annuity available)
AARP Retirement Calculator
Calculate how much you need to save to retire with the AARP retirement calculator.
Retirement Toolkit
U.S. Department of Labor's online retirement toolkit was developed in cooperation with Social Security Administration, Centers for Medicare and Medicaid Services.
Department of Retirement Systems
DRS helps prepare current and former state public employees for retirement.
Washington State Deferred Compensation Program (DCP)
DCP is a supplemental retirement savings program that offers participants the opportunity to invest money toward retirement.
Page Manager:
pkelly@sbctc.edu
Last Modified: 7/31/24, 3:34 PM
