SCPP Endorses PERS/TRS 1 COLA for 2024, Other Pension Enhancement On Tuesday, November 14, the Select Committee on Pension Policy (SCPP) endorsed two proposals to enhance pensions for retired public employees. Both proposals will be introduced as bills during the 2024 Legislative Session, which begins in January. PERS/TRS 1 COLA The SCPP endorsed a proposal to provide PERS 1 and …
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Social Security Fairness Act Aims to End Unfair Public Pension Offsets
Social Security Fairness Act Aims to End Unfair Public Pension Offsets From AFSCME: Security benefits are based on an individual’s earnings and paid according to a progressive formula. For working families with lower lifetime earnings, Social Security replaces a larger proportion of previous earnings than it would for higher income earners. But, the Government Pension Offset (GPO) and the Windfall …
Read More »RPEC 2023 Legislative Champion Awards
The RPEC Executive Board has selected three State Legislators to receive the 2023 RPEC Legislative Champion Award: Senator Steve Conway (D, Tacoma) was the primary sponsor of Senate Bill 5350, providing a one-time 3% COLA to PERS 1 and TRS 1 retirees and directing the Select Committee on Pension Policy to study and recommend an ongoing COLA proposal. Throughout the …
Read More »Legislation Implementation Update
Legislation Implementation Update Earlier this year, you helped the Washington State Legislature pass bills that positively impact retired public employees and senior citizens across the state. RPEC is monitoring how these new laws are being implemented by state agencies. Here is an update on some of the most important bills that the Legislature passed in 2023: SHB 1355: Expanding Senior …
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