Archive | 2019 Legislature

SCPP Meeting Report – December 11, 2018

Currently, only active or retired Prior Act, LEOFF 1, and LEOFF 2 firefighters employed by or retired from the city, county, or fire protection district are eligible to be elected to a pension or disability board. Only those covered by the jurisdiction of the board are eligible to vote. Some boards are facing difficulty in […]

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Disability Board Issues

The following is from a letter discussing the structure and current problems with Disability Boards. The central problem is that the number of LEOFF 1 members decline it is becoming increasingly difficult for small jurisdictions to find qualified LEOFF 1 active or retired members to serve on the Boards. In the last session of the […]

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Select Committee | December 11, 2018 Agenda

Pension Policy, Select Committee – 12/11/2018 10:00 AM Note that the subject of LEOFF 1 Disability Boards will be on the Agenda. Full Committee House Hearing Rm B John L. O’Brien Building Olympia, WAAgenda: Approval of November Minutes.Public Hearing with Possible Executive Action: Managing Future Dolan-Type Unfunded Liabilities. Retire-Rehire Proposal. Work Session with Public Testimony […]

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LEOFF 2 Board | October 24th

The LEOFF Plan 2 Retirement Board is holding a board meeting on Wednesday, October 24th at 8:30 AM. Please note the earlier start time as this is our annual strategic planning meeting. Materials will be available the LEOFF 2 website on Monday, October 22nd. Meeting Location: Washington State Investment Board 2100 Evergreen Park Drive SW, […]

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taxing

Gov. Inslee warns of a $1.5 billion gap and says there are few ways to bridge it. EVERETT — Writing the next state budget is going to be a taxing experience. Figuratively and actually. That’s the distinct impression Gov. Jay Inslee left in a conversation Tuesday with The Daily Herald’s editorial board. Washington’s super-charged economy, […]

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Select Committee on Pension Policy | October 16, 2018

Pension Policy, Select Committee – 10/16/2018 10:00 AM Full Committee House Hearing Rm B John L. O’Brien Building Olympia, WAAgenda: Approval of September Minutes OSA 2019-21 Budget Preliminary 2019 Meeting Dates Public Hearing: 3 Percent Ad-Hoc COLA for Plans 1 Public Hearing with Possible Executive Action: Plan Membership Default Annuity Purchase Pension Policy, Select Committee […]

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LEOFF 2 Board | September 26th

The LEOFF Plan 2 Retirement Board is holding a full board meeting on Wednesday, September 26th at 9:30 AM. Meeting Location: Washington State Investment Board 2100 Evergreen Park Drive SW, Suite 100 Olympia, WA 98502 AGENDA September 26, 2018 – 9:30AM Approval of Minutes Public Pension Administration Benchmarking Administrative Factors Out of Jurisdiction Duty Career Change […]

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Select Committee September 18 Agenda

Pension Policy, Select Committee – 9/18/2018 10:00 AM Full Committee House Hearing Rm B John L. O’Brien Building Olympia, WAAgenda: Approval of July Minutes WSIB Update DRS CEM Benchmarking Update on PFC Rate Adoption Work Session with Possible Public Testimony: Plan 1 Minimum Benefits Retire-Rehire Public Hearing with Possible Executive Action: Month of Death Spousal […]

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LEOFF II Board | July 25, 2018

Meeting Location: Washington State Investment Board 2100 Evergreen Park Drive SW, Suite 100 Olympia, WA 98502 LEOFF PLAN 2 RETIREMENT BOARD MEETING AGENDA July 25, 2018 – 9:30AM 1. Approval of Minutes 2. DRS Annual Update 3. Valuation Audit Results 4. Funding Method Options 5. Contributions Rate Setting Options 6. Administrative Update 7. Decision on […]

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Select Committee on Pension Policy | July 17 Agenda

Pension Policy, Select Committee – 7/17/2018 10:00 a.m. Full Committee House Hearing Rm B John L. O’Brien Building Olympia, WA REVISED ON 7/3/2018 AT 1:20 PM Agenda: Approval of June Minutes. Actuarial Standard of Practice on Risk. Update on Preliminary Valuation Results. Rate Recommendation to PFC. Work Session with Possible Public Testimony: Annuity Purchase Options. […]

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