Retirement

The City of Lake Stevens is proud to support its employees in creating a future to which they can look forward.


State Pension


Regular employees of the City are members of the Washington Public Employees' Retirement System (PERS).  Police Officers are members of the Law Enforcement Officers' and Fire Fighters (LEOFF) Retirement System.   

Social Security


All employees participate in the Social Security system.

Deferred Compensation Plans


Employees have three options when participating in 457 Deferred Compensation plans:

  • Washington State Deferred Compensation
  • Nationwide Retirement Solutions
  • ICMA-RC
All plans offer pre-taxable benefits and a variety of investment opportunities.