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Educators


Retirement Planning For Educators


Standing in front of a room full of students would seem daunting to most of us, but you do this every day. Your ability to educate while inspiring minds is a tremendous skill that you have mastered over time. Understanding your retirement benefits can also take time to master.

In the beginning, you are handed a bunch of forms to fill out with no real help or education on what options to select, how these selections may affect you, or any insight into what might make the most sense for your situation. Though important, these choices may not seem like a high priority when you have so many other things to focus on.

We know how impactful these decisions can be and are ready to help you understand your benefits, make the best selections, and plan for the retirement you want.


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Ready For Some Details?

Your Washington Retirement TRS3 Plan Has Three Parts:



Defined Benefit Plan


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Defined Contribution Plan


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Deferred Compensation Plan


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Now For The Big Question…When Can I Retire?


You are eligible for a pension retirement when you are vested. To be vested, in TRS3 plan, you have to achieve one of the following:

  • 10 service credit years
  • Five service credit years with at least 12 months earned after age 44
  • Five service credit years earned in TRS Plan 2 before June 1, 2003

Full vs Early Retirement


Full Retirement

This is the earliest age you can retire without any reduction to your retirement benefit.

  • For a TRS3 plan, this is when you reach age 65.
  • Age 62 and have 30 or more years of service? You can also retire with full benefit.

Early Retirement

If you are looking into retiring before meeting the full retirement qualifications, there are a lot of things to consider. 

  • You can withdraw from your investment account at any time after separating employment.
  • Your monthly benefit will be reduced to reflect that you will be receiving your defined benefit for a longer period of time.
  • You may use up to 45 days of unused sick leave to help you qualify for retirement, up to a maximum of 2 months service credit. (can’t be used to calculate benefit, only qualify for retirement)
  • Consider using out-of-state service credit to qualify to qualify for retirement or increase your monthly benefit.


Long Story Short…Know Before You Go

Don’t miss out on something bigger, check all your options before retiring early



Whether you are just getting started or getting close to retirement,

Understanding your benefits can help you get where you want to go.

Let’s help you navigate the details to find what fits you best.


Let’s Connect



Are you a Certificated or Classified Employee of a Washington state public school district?

There is a separate retirement plan just for you


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