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The Tacoma Employees’ Retirement System (TERS) is a defined benefit plan covering employees of the City of Tacoma and other Member Public Agencies. It is funded by employee and employer contributions, as well as investment returns.

Announcements

      • July 2025 Cost-of-Living Adjustments (COLA) Notice – Annual COLAs for TERS are granted in July to all members who retired on or before July 1 of the preceding year. For more information, please contact our office or view the Cost-of-Living Adjustments Letter.
      • Actuarial and Option Factors Update –The Tacoma Employees’ Retirement System (TERS) has recently updated actuarial and option factors, effective January 1, 2026. For more information, please view the Updated Annuity and Option Flyer.
      • Retirement Board Elections –Please contact the City Clerk’s Office for results or questions about elections.
        Contact Information:
        City Clerk’s Office Phone: (253) 591-5505 Email: cityclerk@tacoma.gov.

Members

Whether you are retired, a current employee, or a deferred member, this section provides essential resources and updates tailored to your status. Stay informed on benefits, policies, and important updates.

Frequently Asked Questions 

Learn more about TERS by reading these frequently asked questions.
Learn More

Board of Administration

The Retirement Board of Administration meetings are held at the Tacoma Public Utility Building located at 3628 South 35th Street, Tacoma, WA 98409 on the second Thursday of the month. Visit the Retirement Board of Administration web page for agendas, minutes, and additional details.
Board of Administration

Upcoming Events

View All Events
Thu
13
November 13 @ 10:00 am - 2:00 pm

Retirement Board Meeting- Quarterly

Thu
11
December 11 @ 1:00 pm - 3:00 pm

Retirement Board Meeting

Contact

Tacoma Employees’ Retirement System (TERS)

Tacoma Public Utilities Building
3628 South 35th Street, Ground Floor
Tacoma, WA 98409

Hours (By Appointment Only):
Monday – Friday
8 a.m. – 5 p.m.