Saving for Retirement with a 403(b) AccountAll district employees are eligible to contribute to a 403(b) plan administered by the OMNI group. There are over a dozen plans to choose from, offering a variety of investment choices. Visit www.omni403b.com and click on the Participants tab for more information.Planning for RetirementBelow are links to information and agencies to assist employees in beginning the planning process:
- Washington State Department of Retirement Systems (DRS)
http://www.drs.wa.gov or call 1-800-547-6657
- Public Employee Benefits Board (PEBB)
http://www.pebb.hca.wa.gov or call 1-800-200-1004
Per RCW 41.05.011, all Everett Public Schools and Educational Services District employees are eligible to apply for PEBB retiree insurance coverage. Districts contribute toward the cost of PEBB retiree insurance so it is an excellent value.
PEBB has developed a Checklist to help employees contemplating resignation or retirement to successfully apply for and receive this valuable benefit. There are strict requirements in the application process including that employee's must apply for PEBB retiree insurance coverage within 60 days of the loss of their employer paid insurance or COBRA insurance. This and other requirements are thoroughly described in the Checklist which is available on the PEBB website at http://www.pebb.hca.wa.gov/retthinking.html.
The PEBB website (http://www.pebb.hca.wa.gov/new_retiree.html) provides considerable information regarding PEBB retiree benefits including a video for employees who are preparing to leave employment.
- Social Security / Medicare
http://www.ssa.gov or call 1-800-772-1213
http://www.veba.org or call 1-888-828-4953.