Governor Inslee Signs Plan 1 COLA Bill

By
Emmett Mills
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0
298

It’s official. For the third year in a row, PERS 1 and TRS 1 retirees will receive a cost-of-living adjustment (COLA). On Tuesday, March 26, Governor Jay Inslee signed Substitute House Bill 1985, providing Plan 1 retirees with a one-time 3% COLA not to exceed $110 per month. The COLA will be reflected in pension checks received at the end of July 2024.

Governor Jay Inslee shakes hands with RPEC Executive Board Member Claude Burfect. Claude and Zaida Zapata Quimby (center) are both PERS 1 retirees from Seattle. Zaida, age 85, worked for King County Metro for 33 years. Due
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