Content current as of 06/15/26
Tacoma Employees’ Retirement System (TERS)
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
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- Retirement Office Limited Service/Closure- The Retirement Office will offer limited services on Tuesday June 16th, 2025, and will be closed from 12:00 p.m. to 2:00 p.m. for an all-staff meeting. During this time, members and retirees may still reach us by email at tersretirement@tacoma.gov or leave a voicemail at (253) 502-8200. Staff will respond to inquiries as soon as possible. Thank you for your patience and understanding.
- TPU Main Entrance Construction– On June 15, Tacoma Public Utilities will begin construction on the atrium and main entrance at Administrative Building North (ABN). Construction is expected to continue through September 2026. All customer services and the retirement office will remain open during construction. Customers and visitors should use the west entrance near Parking Lot A1. There will be temporary pedestrian routes and directional signage throughout the area.
- Affidavits- TERS staff have mailed the 2026 affidavit to all WA residents on June 3rd, 2026. Please complete the form, have it notarized, and return it to TERS. For questions or to schedule an appointment for notarization please contact the TERS office.
- TERS Board Meeting Cancellation- The Tacoma Employees’ Retirement System Board of Administration meeting scheduled for Thursday, July 9, 2026, has been canceled. The next regularly scheduled meeting will be held on Thursday, August 13, 2026 at 10:00 am. For more information, please visit tacoma.gov/notices.
- July 2026 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.
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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.