Archive | 2020 Legislature

LEOFF 2 Board Meeting | Feb. 26th

Meeting Location: Washington State Investment Board2100 Evergreen Park Drive SW, Suite 100Olympia, WA 98502 LEOFF PLAN 2 RETIREMENT BOARD MEETING AGENDA February 26, 2020 – 9:30AM 1.      Legislative Update Survivor Option Reelection Month of Death Payment Definition of Period of War Confidentiality of DRS Records 2.      Administrative Update Agency Move Outreach Activities

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LEOFF 1 Bill Passes in House

HB 2051 passed in the House on January 22nd. (96 yeas to 0 nays.) It is now in the Senate Rules Committee (SB 5920 ) and is expected to pass soon. This bill expands eligibility of who can serve on firefighter and law enforcement officer pension and disability boards to include active or retired firefighters […]

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November 19 | SCPP Report

Not much happened at the SCPP meeting today. Nothing to do with LEOFF 1 and little to do with LEOFF 2 except for a proposal to increase death and disability benefits for SPRS to LEOFF 2 levels. No action–just information.

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SCPP November 19th

Select Committee on Pension Policy – 11/19/2019 10:00 AM Full Committee House Hearing Rm A John L. O’Brien Building Olympia, WA Agenda: 1.   Approval of October Minutes. Work Session: 2.   Death and Disability Benefits Comparison (PSERS/LEOFF2). 3.   Inactive Accounts. Public Hearing with Possible Committee Action: 4.   Investment Options for Target Date Funds (Plans 3 and […]

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Interim Report

You will note we have just posted the agendas for the Select Committee and the LEOFF 2 Board. At this point there is not much of interest, nor is there anything that seems to threaten our pension stability. Of course it is early with the next session of the Legislature not due to start until […]

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SCPP & LEOFF 2 Board Meetings

Select Committee on Pension PolicyRegular Committee Meeting October 15, 201910:00 a.m. – 12:40 p.m. House Hearing Room A AGENDA. Approval ofSeptemberMinutes10:05 a.m. Preliminary 2020 Meeting Dates–Kaitlyn Donahoe, Policy Analyst. 2018 Actuarial Valuation Results–Luke Masselink, Senior Actuary, and Frank Serra, Actuarial Analyst DRS Update–Tracy Guerin, Director, Department of Retirement SystemsWork Session Roth Option for Deferred Compensation–Aaron […]

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SCPP September 17th Agenda

Select Committee on Pension Policy | Regular Committee Meeting September 17, 2019 10:00 a.m. – 1:10 p.m. House Hearing Room  A AGENDA                   10:00 a.m.           1.            Approval of July Minutes 10:05 a.m.           2.            Report on Financial Condition–Luke Masselink, Senior Actuary 10:35 a.m.           3.            State Actuary’s Recommendation on Long-Term Economic Assumptions – Matt Smith, State Actuary 11:05 […]

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SCPP | June Meeting

Pension Policy, Select Committee – 6/18/2019 10:00 AM House Hearing Room B Agenda: 1.   Approval of May Minutes. 2.   OSA Update. Educational Briefings: 3.   Peer State Pension Systems. 4.   PSERS Plan History and Membership. Work Sessions: 5.   LEOFF 1 and Prior Act Pension and Disability Boards. 6.   Plans 1 UAAL Funding Policy and Payments. Meeting start […]

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SCPP to meet May 21st.

Pension Policy, Select Committee – 5/21/2019 10:00 AM Full Committee Agenda: 1.   Approval of November and December Minutes. 2.   Election of Officers. 3.   Introduction to the 2019 Interim. 4.   Open Public Meetings Act (OPMA) Refresher. 5.   2019 Legislative Session Highlights. 6.   LEOFF 2 Board Update. 7.   Interim Planning: Member and Public Input. Meeting start time […]

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