2015 America Saves Week – Feb. 23 thru Feb. 27

Set a Goal. Make a Plan. Make a Commitment. Start Saving.

Tip #2: Make a Plan

Once you have set your financial goals, move forward with making a financial plan. By understanding your plan, utilizing the tools provided, and attending presentations offered by WSU, you will come to better understand your state retirement plan, and if you have a need to supplement that plan with additional savings. Take advantage of these resources so you can prepare for the retirement lifestyle you would like.

• PERS, TRS, and LEOFF retirement plans. These plans are administered by the Department of Retirement Systems (DRS). Members of these state retirement plans will find the DRS website to be a beneficial tool to understanding your retirement plan. This site offers the member handbooks for all the state plans, benefit calculators, and retirement education.
• Annually, WSU and DRS provide presentations on the retirement plans for new employees, employees who are in their mid-career, and employees who are within five years of retirement.
• Washington State University Retirement Plan. This plan is administered by WSU, utilizing the services of the plan vendor, TIAA-CREF. On a bi-annual basis, WSU and TIAA-CREF offer retirement seminars for employees who are mid-career, and within five years of retirement. The TIAA-CREF website also offers tools, information to enhance your retirement education.

Plan ahead:

• Schedule a one-on-one appointment with a TIAA-CREF representative in regards to the WSURP or VIP programs.
• Contact the DRS and/or a Deferred Compensation Program (DCP) Counselor.
• Attend a pre-retirement seminar offered monthly by HRS.

Questions can be directed to Human Resource Services, 509-335-4521, hrs@wsu.edu.

The Notices and Announcements section is provided as a service to the WSU community for sharing events such as lectures, trainings, and other highly transactional types of information related to the university experience. Information provided and opinions expressed may not reflect the understanding or opinion of WSU. Accuracy of the information presented is the responsibility of those who submitted it. The self-uploaded posts are reviewed for compliance with state statutes and ethics guidelines but are not edited for spelling, grammar, or clarity.

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