Wednesday, April 24, 2024

Legislative News

Plan 1 Pension Bills Pass Appropriations Committee

Plan 1 Pension Bills Pass Appropriations Committee On Thursday, February 23, the Washington State House of Representatives Appropriations Committee passed Substitute House Bill 1057 and House Bill 1201, bills that relate to the Plan 1 (PERS 1 and TRS 1) pension systems. SHB 1057, which will provide a one-time 3% cost-of-living-adjustment to Plan 1 retirees not to exceed $110 per …

Read More »

Plans 1 Pension Bills Pass Ways & Means

Plan 1 Pension Bills Pass Ways & Means On Monday, February 20, the Washington State Senate Ways & Means Committee passed two important Plan 1 pension bills.  Senate Bill 5350 will provide PERS 1 and TRS 1 retirees with a one-time 3% cost-of-living-adjustment (COLA) in July 2023, not to exceed $110 per month.  It also includes language that RPEC helped …

Read More »

Bill to Protect PEBB Benefits Passes Senate Committee

Bill to Protect PEBB Benefits Passes Senate Health & Long-term Care Committee with Amendment On Friday, February 17, the Senate Health & Long Term Care Committee passed Substitute Senate Bill 5169, legislation to protect retirees who get health insurance through the Public Employees Benefits Board (PEBB). The bill, which was introduced by Senator Sam Hunt (D, Olympia), will require the …

Read More »