Friday, April 26, 2024

Legislative News

Senate and House Budget Proposals

Two of our key priorities have been included in the Senate budget proposal. Funding is earmarked to implement SB 5350, which provides a one-time 3% COLA to PERS 1 and TRS 1 retirees capped at $110 per month. It also includes language to require the Select Committee on Pension Policy to study and recommend a proposal for a recurring annual …

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Senate Budget Proposal Favors RPEC Priorities

Senate Budget Proposal Favors RPEC Priorities Thursday, March 23, was a big day for RPEC in the Washington Legislature.  The Senate unveiled its budget proposal, Proposed Substitute Senate Bill 5187, for the biennial operating budget (July 1, 2023 through June 30, 2025) and the 2023 supplemental operating budget. The proposal funds a 3% one-time cost-of-living adjustment (COLA) for PERS 1, …

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