Designed for faculty and exempt administrators at Washington's community colleges, this handbook explains available retirement plans, deductions, and options. First, a glossary of terms and an index to sections of the handbook dealing with the concepts are provided. The bulk of the handbook uses a question/answer format to present information on topics including: different types of retirement plans, e.g., Teachers Insurance and Annuity Association (TIAA), College Retirement Equities Fund (CREF), Washington Public Employees Retirement System (WPERS), and Washington State Teachers Retirement System (WSTRS); taxation of retirement funds; contributions to retirement funds and benefits received; employer contributions; tax deferrals and deductions; supplemental retirement annuities (SRA's) and Individual Retirement Accounts (IRA's); disability provisions in retirement plans; early retirement provisions; transferrance of retirement funds to another system or institution; the effects of early death or job termination; the costs of administering retirement funds; the assistance available from TIAA/CREF and WSTRS; post-retirement insurance; and sources of additional information on retirement and financial planning. An appendix presents an example of an early retirement agreement. (HB)