Archive | 2020 Legislature

HB 2051 Passes Both Houses

HB 2051: With the help of Representative John Lovick and four Senators in Senate leadership positions, Steve Conway Vice President Pro Tempore, John McCoy Caucus Chair, Marko Liias Floor Leader and Mark Schoesler Minority Leader, our bill HB 2051 was passed by the Senate as amended.  The amendment will allow a surviving spouse to be […]

Continue Reading

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

Continue Reading

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 […]

Continue Reading

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.

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading