PLAN 1 COLA BILL SIGNED!

PLAN 1 COLA Bill Signed!

This afternoon, Governor Jay Inslee signed HB 1390 into law. Plan 1 Retirees will see a 3% increase to their pension payment (capped at a maximum of $62.50) beginning with their payment at the end of July.

We are tremendously grateful that the Governor chose to stand with and protect Plan 1 retirees during this crisis. Due to the COVID-19 pandemic, the state is expected to face a multi-billion-dollar reduction in revenue and nearly 150 worthwhile and important investments totaling 445 million dollars were vetoed out of the state budget this afternoon.

This result would…