Thursday, April 25, 2024

NEW

PERS 1/TRS 1 COLA Clears Legislature

PERS 1/TRS 1 COLA Clears Legislature Thanks to the tireless advocacy of retirees across the state, on April 19, 2023, the Washington State Legislature passed Senate Bill 5350, providing PERS 1 and TRS 1 retirees with a one-time 3% cost-of-living-adjustment not to exceed $110 per month. Additionally, the bill directs the Select Committee on Pension Policy to study and recommend …

Read More »

Sine Die in Sight as RPEC Priority Bills Near Finish Line

RPEC Priority Bills Near Finish Line This was a big week for RPEC’s legislative priorities with respect to key healthcare-related bills and the recurring cost-of-living adjustment (COLA) for PERS 1 and TRS 1 retirees.  All of RPEC’s legislative priorities are still in play, including SB 5350, which is headed to a conference committee due to bill language discrepancies between the …

Read More »