Tacoma Employees' Retirement System

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

- - Office Construction/ Relocation –The Retirement office is currently undergoing renovations. During this time, staff remain available to assist you via email and phone. Please visit us in the
    Electrical & Water Permitting Office- Located in the TPU Main Lobby, to the right of the elevator, first door on the left. Visit the Security Desk for assistance. We appreciate your patience and understanding as we work to improve our space.
  - Cancellation of Meeting Notice- The Tacoma Employees’ Retirement System Board of Administration meeting on Thursday, June 12, 2025, has been cancelled. The next regularly scheduled meeting will be held on Thursday, July 10, 2025 on the 3rd Floor, Conference Room (LT-1) of the Tacoma Public Utilities – Administration Building North, at 3628 South 35th Street at 1:00 p.m. The meeting will be conducted on location. For more information, please view the Notice of Cancellation- June 2025 TERS Board Meeting, or visit the City Clerk’s Notices and Public Hearings Page.
  - 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.