Planchoice
Washington State
Department of
Retirement Systems
How to Choose
Once I Decide, What Do I Do?
New Members
If you choose TRS Plan 2
- Complete the Member Information Form and the Beneficiary Designation Form from the back of your New Member Plan Choice Booklet or from this Web site. Submit these completed forms to your employer.
If you choose TRS Plan 3
- Complete the Member Information Form, Beneficiary Designation Form and the Plan 3 Investment Allocation Form from the back of your New Member Plan Choice Booklet or from this Web site. Submit the completed Member Information and the Beneficiary Designation forms to your employer. The Plan 3 Investment Allocation form should be submitted to ICMA-RC (instructions on the form). You also have the choice to contact ICMA-RC at 1-888-711-8773 to select your investment allocation.
You will automatically default into TRS Plan 3 if you fail to make a choice. You will default to Option A (5%) for a contribution rate and WSIB for an investment manager.
Eligible Transfer Members
If you want to remain in TRS Plan 2
- Do nothing, your benefits will continue to be reported in Plan 2.
If you choose TRS Plan 3
- Complete the Member Information Form, Beneficiary Designation Form and the Plan 3 Investment Allocation Form from the back of your New Member Plan Choice Booklet or from this Web site. Submit the Member Information and Beneficiary Designation forms to your employer during a January transfer window. The Plan 3 Investment Allocation form should be submitted to ICMA-RC (instructions on the form). You also have the choice to contact ICMA-RC at 1-888-711-8773 to select your investment allocation.