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.
Nominate an Employee for the Retirement System Board by February 28, 2017
It's time to nominate and elect an employee member to the Tacoma Employees' Retirement System Board of Administration. This position is currently held by Gordon Cavanaugh. The official notice, nomination petition, and Board Member Position Description can be obtained in the City Clerk's Office or on Gnet and must be returned by Tuesday, February 28, 2017. The form must be signed by at least 20 City employees who are active members of the retirement system.
The election will be Tuesday, April 11, 2017. The term of office for this position is three years beginning Monday, June 5, 2017 through May 31, 2020. The official notice of this election was distributed to departments and has been posted in your work area. Official ballots will be distributed to members during the week of March 21, 2017. Ballots are to be returned to the City Clerk’s Office no later than 5 PM, Tuesday, April 11, 2017. Ballots received or postmarked after Tuesday, April 11, 2017, will not be considered. If you have any questions, please contact Doris Sorum at (253) 591-5361.
2017 Cost of Living Adjustment for TERS Retirees
Please see the Cost of Living Adjustment Letter for information regarding the 2017 Cost of Living Adjustment.