Content current as of 12/03/25
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
-
-
- Retirement Office Limited Service/Closure- The Retirement Office will offer limited services on Wednesday, December 10, 2025, and will be closed from 11:00 a.m. to 1:30 p.m. for team building and our year-end celebration. 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.
- TERS Board Meeting Cancellation – The Tacoma Employees’ Retirement System Board of Administration meeting scheduled for Thursday, December 11, 2025, has been canceled. The next regularly scheduled meeting will be held on Thursday, January 15, 2026 at 1:00 pm. For more information, please visit tacoma.gov/notices.
- 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.
-
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.