Fund Your Future with DRS

By: Washington State Department of Retirement Systems
  • Summary

  • A large part of planning for the future starts with how you approach your finances today. Explore some of the basics of financial planning, tools for managing your money and ideas for sparking conversations with friends and family. Join Retirement System employees as they tackle the stigma around money and share their personal financial journeys.
    Copyright 2022 All rights reserved.
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Episodes
  • Ep 54 - Pension plan funding with the WA state actuary
    Dec 18 2024

    Washington state pensions are calculated to be 94% funded. That rate is one of the highest rates in the country. We welcome Matt Smith, the Washington State Actuary, to talk about the latest Actuarial Valuation Report recently released by his office. He explains the significance of funded status, often misunderstood by many. Discover how ongoing evaluations and adjustments ensure long-term pension security for Washington's retirement plans.

    View the full Actuarial Valuation Report

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    22 mins
  • Ep 53 - New Retirement Strategy Fund for DCP and Plan 3
    Dec 4 2024

    A new Retirement Strategy Fund (RSF) is coming to the lineup of investment options in Plan 3 and the Deferred Compensation Program (DCP). The most recent addition – the 2070 Retirement Strategy Fund – will be available beginning Jan. 6, 2025. We sit down with Chris from AllianceBernstein to talk about how these funds work and support you through retirement.

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    16 mins
  • Ep 52 - A guide to Washington state parks and passes
    Nov 20 2024

    Planning a get-a-way doesn't have to be expensive. In this episode, we're joined by Ariel from Washington State Parks to explore the budget-friendly recreational opportunities available across 140 state parks. From the popular Discover Pass to several discounted options for those over age 62 and multiple free days in the year, you can access these natural treasures without breaking the bank.

    We chat about diverse accommodations offered, including cabins, yurts, and even historic vacation homes. Ariel shares unique experiences like staying at a lighthouse keeper's residence or a fire lookout. Everything you need to get started on your next outdoor adventure.

    Parks highlighted in the episode (alphabetically): Brooks Memorial State Park, Cape Disappointment, Conconully State Park, Curlew State Park, Deception Pass, Fort Ebey, Fort Flagler, Fort Worden, Ginkgo Petrified Forest, Goldendale Observatory, Ike Kinswa State Park, Lewis & Clark Interpretive Center, Millersylvania State Park, Mount Spokane State Park, Palouse to Cascades State Park Trail.

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    19 mins

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