PERS modernization: agency outlines cautious 810-year shift to COTS pension system, seeks interim funding PERS told the subcommittee its modernization program will pursue a commercial off-the-shelf (COTS) pension administration system and a phased, multi-year rollout; the agency asked for $4.8 million in other funds for near-term planning and implementation items, while LFO recommended partial approval and deferral on DevOps funding.

PERS is embarking on a cautious 8 to 10-year journey to modernize its outdated pension administration system, seeking $4.8 million for essential planning and implementation.

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#OR #LongTermPlanning #PensionModernization #GovernmentTransparency

DRS reports service gains and timelines for CorePAM overhaul; benchmarking shows low cost per member Department of Retirement Systems Director Catherine Leathers told the LEOFF2 board Nov. 19 that DRS serves nearly 1 million Washingtonians, has reduced call wait and benefit-estimate times with added staff, and expects a CorePAM go‑live around September 2027; CEM benchmarking places DRS near median service and low cost-per-member after excluding major project spending.

The Washington Department of Retirement Systems is transforming its services for nearly 1 million residents, cutting wait times and launching a major IT overhaul set for 2027!

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#WA #CitizenPortal #PensionModernization #CivicAccountability #PublicService

Department of Retirement Systems details modernization plan, call‑time improvements and deepens deferred‑compensation enrollment DRS Director Catherine Leathers presented membership and fiscal numbers, reported improvements in call wait times after recent hiring, updates on cybersecurity and the CorePAM modernization project (go‑live targeted for September 2027).

The Department of Retirement Systems is revolutionizing customer service and pension management with major modernization efforts, including a $5.6 billion contribution and improvements in call wait times.

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#WA #CitizenPortal #PensionModernization #CybersecurityEnhancements

Jody Smith details North Dakota retirement fund's history and modernization efforts Interim director Jody Smith outlines the evolution and growth of North Dakota's retirement program

North Dakota's retirement fund is undergoing a revolutionary transformation, with impressive growth and cutting-edge technology reshaping its future!

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#ND #FinancialSustainability #PensionModernization #NorthDakotaRetirement #InvestmentManagement #CitizenPortal