retirement

Chance to change state retirement plans

Each January, eligible Plan 2 members of three state retirement systems may transfer to Plan 3 under certain conditions. Public Employees’ Retirement System (PERS), Teachers’ Retirement System (TRS) and School Employees’ Retirement System (SERS) members who joined Plan 2 before March 1, 2002 and who earn service credit in January 2008 can opt to transfer […]

Emeritus Society welcomes participation

Photo: Administrative assistant Cheryl Druffel is shown in the lounge area of the new Emeritus Society, located on the third floor of the Owen Science and Engineering Library. (Photo by Shelly Hanks, WSU Photo Services.)   The Emeritus Society has a home. This new organization for retired WSU faculty now has a headquarters with lounge […]

Boehmke retires,King named interim

Joan King has been named interim executive director of planning and budget for WSU, succeeding Karl Boehmke, who will retire Jan. 1 after 32 years with the university. Boehmke has served as executive director since 1999. From 1975 to 1986, he worked in the College of Business and Economics, first as administrative assistant to the […]

Boehmke to retire, King named Interim Director

PULLMAN – Joan King has been named interim executive director of planning and budget for WSU, succeeding Karl Boehmke, who will retire from the executive director position on Jan. 1 after 32 years with the university. Boehmke has served as executive director since 1999. From 1975 to 1986, Boehmke worked in the College of Business and […]

Double your deferred savings under new rule

The end of the year is approaching, but you still have time to maximize your supplemental retirement savings and ease your income tax burden for 2007. Tax law for 2007 allows employees under age 50 to save up to $15,500 tax-deferred savings through these supplemental accounts. Employees 50 and over can save up to $20,500.   With […]

DRS hosts retirement seminar, pension workshops

The state Department of Retirement Systems (DRS) will offer its free retirement planning seminar and pension workshops in Pullman on Saturday, April 21, (location to be determined). These take place once every two years, so employees and their spouses/partners are encouraged to attend. The 8 a.m.-5 p.m. seminar will include general information presentations on: financial […]

Phased retirement can benefit WSU, employees

Some WSU employees may have the option of easing into retirement, thanks to the university’s Phased Retirement Plan. To participate, you must meet some basic criteria, including: • Administrative professional or faculty employee• Age 55 or older • At least 10 years of cumulative service to WSU• On the TIAA-CREF retirement plan It is recommended […]

TIAA-CREF counseling schedule

Employees may take the opportunity to receive personalized retirement counseling from a TIAA-CREF consultant by scheduling a session toll-free at 877-209-3142 or at www.tiaa-cref.org/moc.Remaining 2006 dates for Pullman include: Sept. 12-14; Oct. 10-12; Nov. 7-9; and Dec. 5-7. This calendar also will be attached to the TIAA-CREF giveaway ticket stubs at the all-campus picnic Aug. […]

Rawlins to retire June 2007; three goals for final year

PULLMAN – Washington State University President V. Lane Rawlins, who has led his institution’s drive for educational and research excellence for more than six years, announced today, July 28, that he will retire from the post effective June 2007.The ninth president of WSU, Rawlins assumed the presidency in June 2000. He informed the university’s Board of […]

MONEYWATCH

Increasing your contributions a little each pay period can greatly increase your retirement savings. Plus, every dollar you contribute reduces your federal taxable income by a dollar and lowers your tax bill at the end of the year. This year, tax laws allow you to save even more. The 2006 plan limit is $15,000 for […]