Archive | SB 6668

Information about the proposed merger between TRS 1 and LEOFF 1.

Dueling Budgets

Dueling Budgets Merger of LEOFF 1 with any other system did not appear in either the Senate or House proposed budgets. While it now appears we are safe for this legislative session it is important to remember that the session is far from over.  Additionally, there is a significant disparity between the two budget proposals.  […]

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Treachery

Published 09/18/2016 It is not uncommon to hear our elected officials heap praise onto the first responders.  Of course this is always more common around September 11th and other major events where a police officer or fire fighter has sacrificed his or her life trying to save someone else.  Of course the praise fades quickly when […]

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A Member’s Thoughts on SB-6668

Editor’s Note:  The following is from an email circulated by Bradd Reynolds, PD Centralia Retired LEOFF1.  I am posting it without edits but want to encourage readers to recognize there are some errors and misstatements.  They are minor but can serve as an alert to double check on all you read — that includes the […]

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SB 6668 – Why?

On February 24, 2016 SB 6668 was introduced.  It seems a simple proposition designed to mend a serious unfunded liability in the Teachers Retirement System Plan 1 (TRS 1).  That system has a significant deficit and is funded only at the level of 69%. The bill proposed to take all of the money out of […]

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