Legislature makes a move on pension systems. As I write this article, we are dealing with a bill in the legislature that impacts both LEOFF 1 & 2. The bill is poorly constructed and has only one sponsor and, as such, may not survive to reach the floor. It is Senate Bill 5453 and is […]
Archive | Merger
5453 Research
By Admin on February 20, 2021 in 2021 Legislature, LEOFF 1/LEOFF 2 Merger, LEOFF 1/TRS 1 Merger, Merger, Miscellaneous, SB 5453
The following articles deal with merger issues. There are lots more on this site but these should provide some good background info. TRS Underfundinghttps://leoff1.net/2016/09/04/trs-underfunding/ By Admin on September 4, 2016 in 2016 Legislature, LEOFF 1/TRS 1 Merger, Merger One of the major concerns of LEOFF 1 members about the proposed TRS 1/LEOFF 1 merger is […]
Here we go again!
On Friday the 12th a new bill was dropped in the Senate.That bill, SB 5453, is the latest version of a merger.(Download the bill here.) This new plan would do the following: Merge TRS Plan 1 and LEOFF Plan 1 into a new retirement system, called “the merged LEOFF1/TRS1 retirement plan. Provides a $20,000 payment […]
Coalition Newsletter Misleads
Many of you may have received the latest Newsletter from the LEOFF 1 Coalition. They go to great length to demonstrate how they represent LEOFF 1 members and, also. to attempt to alarm LEOFF 1 members by claiming that an attack on the system is imminent. The newsletter is eight pages in length and is […]
RFFOW on the Coalition Newsletter
Some of you may have received a packet from the Coalition that was referred to as a newsletter; it was more like an information and donation request. As much as we want and expect transparency in government agencies and with elected officials, there appears to be little to no transparency in the Coalition. The transparency […]
LEOFF 1 Coalition Newsletter
by Ken Crowder, DirectorWashington State Retired Police Officers Association& Retired Snohomish County Deputy Note: The Retired Fire Fighters of Washington & the Retired Seattle Police Officers Association are in the process of sending out a newsletter dealing with LEOFF 1 issues and asking you to respond to a survey. They DO NOT ask for money […]
FOP Reports L1/L2 merger off.
Police and fire retirement system merger discussions cease Legislature still considering fund transfer to undefined benefit enhancement fund in advance of actuarial studies review By Tacoma Weekly Staff March 29, 2019 Washington State Fraternal Order of Police (WAFOP) received a statement indicating that discussions regarding a merger of Law Enforcement Officers’ and Fire Fighters’ Plan […]
WACOPS Update
Editor’s Note: WACOPS is essentially a lobbying organization that represents most of the Police Officers and Deputy Sheriffs in the state. COMPAS and FOP are similar and represents officers from Seattle, King County and some small jurisdictions. I post this information so that you will have a clear understanding of the concerns of our LEOFF […]
Merger Cancelled
We received the following email from Senator Van De Wege today: This is to let you know that the proposed LEOFF 1 and 2 merger will not be moving forward for the 2019 session. There will be no more stakeholder meetings. The meeting this Friday, March 29th, is cancelled. I would like to thank everyone […]
L2 Board to meet Wednesday, March 27th
Please see the information about the meeting at https://leoff.wa.gov/wp-content/uploads/032719_BoardMtg.pres_.pdf This meeting will deal with the proposed $300 million transfer to the Benefit Enhancement Account and the proposed LEOFF 1/LEOFF 2 merger.