Wednesday, November 29, 2023

Select Committee on Pension Policy (SCPP) Discusses Plan 1 COLA

Select Committee on Pension Policy (SCPP) – Members of RPEC attended the Select Committee on Pension Policy (SCPP) meeting September 19th in Olympia where they heard two options for a PLAN 1 COLA.   Click here to see the two proposals.

The SCPP Executive Committee voted in favor of having the fiscal notes completed and presented to the SCPP at their next meeting on October 17th.  Please consider attending that meeting to remind the committee of the need to restore the purchasing power retirees have lost in this plan.

IF YOU ARE NOT A PLAN 1 MEMBER:  We still need your support, to keep the focus of the legislature on restoring the benefits that were cut, not on new ways to attack public sector retirees.  Remember, 48 of the 50 states have seen attacks on public sector benefits in the last few years, and we must stand together to protect our retirement security.

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