Your Secure Retirement Plan

It's Easy to Get Started

Participating in the Secure Retirement Plan is easy. You just need to start working as a caregiver.

After 6 months of working as a caregiver, you will get contributions from your employer based on the number of hours you work. The contributions are automatic and purely an added benefit to you.

During the 7th or 8th month of working as a caregiver, you will get a welcome letter in the mail containing information on how to create your retirement account and elect a beneficiary.

How do you get your retirement money?

How you get your retirement account depends on how old you are and whether you are still working as a caregiver.

Under age 65 and still working as a caregiver You qualify for a retirement payment when you reach age 65.
Under age 65 and NOT working as a caregiver
  • If 2 years (24 months) has passed AND your balance is $2,400 or less, you can receive a one-time payment.
  • If you start working as a caregiver with a participating employer again, your retirement account will reopen and contributions made for you will go into your account right away. You do not have to wait 6 months.
Over 65 and still working as a caregiver Once your account reaches $2,400, you can start receiving a minimum monthly payment of $100, depending on your age and account balance*.
Over age 65 and NOT working as a caregiver
  • If your account is less than $2,400 you can get a one-time payment.
  • If your account is more than $2,400 you can get a minimum monthly payment of $100 or more depending on your age and account balance.
  • If you permanently retire, you can roll-over your account balance into an IRA, no matter your account size.
Over age 72 and NOT working as a caregiver
  • You must receive a Required Minimum Distribution (RMD) payment. You will be notified by the Plan administrator (Milliman).
  • Please make sure your contact information is up to date.

*Your payment is based on whatever is the bigger amount: $100, OR your current account balance divided by your IRS single life expectancy value. For example, if you are 65 and your balance is $30,000, your monthly payment would be $119 (minus 20% mandatory withholding).

Questions?

For more information about the SEIU 775 Secure Retirement Plan, contact Milliman at 1-800-726-8303,  from 5 a.m. to 6 p.m. Pacific time, Monday through Friday. Help is available in your language.

In the event of a conflict between this information and the Plan document, the Plan document controls.

Time Is Your Best Savings Friend. Watch How Your Money Grows!

Secure Retirement Employers

Employers that contribute to the retirement fund:

  • • State of Washington (Individual Providers)
  • • Addus HomeCare
  • • Amicable HealthCare
  • • Catholic Community Services
  • • CDWA
  • • Chesterfield Services
  • • Concerned Citizens
  • • First Choice In-Home Care
  • • Full Life Care
  • • Korean Women’s Association
  • • Millennia
  • • ResCare Human Services a.k.a. BrightSpring/All Ways Caring
  • • All Ways Caring