Archive | Miscellaneous

This category if for information that does not deal directly with the pension plan but is of general interest to members of the system.

Fixing Initiative 940

It is important for the Legislature to fix initiatives that don’t work as intended, but it is just as important that we follow the law when we do it. This is the real lesson of Initiative 940. This measure, approved by voters last November, imposes new rules on police use of deadly force. More than […]

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Cases could open door to pension cuts for California workers

By JONATHAN J. COOPER , Associated Press SACRAMENTO, Calif. (AP) — For decades in California, a sacrosanct rule has governed public employees’ pensions: Benefits promised can never be taken away. But cases before the state Supreme Court threaten to reverse that premise and open the door to benefit cuts for workers still on the job. […]

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RFFOW President’s Message | November 2018

By Richard Warbrouck, RFFOW President As you can see from the graph below, the projected LEOFF I membership is on a decline and picking up speed between the years 2022 and 2025. This first appears to be down the road or in the future, but wait a minute, just think back a couple of years […]

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Washington State Investment Board returns 10% for fiscal year

By Rob Kozlowski · October 16, 2018 11:46 am (See the article and more at https://www.pionline.com/article/20181016/ONLINE/181019889/washington-state-investment-board-returns-10-for-fiscal-year) Washington State Investment Board’s $101.3 billion commingled trust fund returned a net 10.04% for the fiscal year ended June 30, topping its custom benchmark by 37 basis points, a report on the Olympia-based board’s website said. For the three, […]

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Election 2018

My ballot just arrived.  I am not going to enter into a listing of how folks should vote, but there is one race that should concern every member of LEOFF I.  That is in the 5th Congressional District that pits Lisa Brown against Cathy McMorris Rodgers.  Rodgers is the incumbent. I am urging everyone int […]

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HR218 LEOSA Firearms Qualifications | Centralia

HR 218 Firearms Qualification for retired Law Enforcement Officers Saturday, November 3rd, 2018 1030 Hrs Centralia WA Indoor Range Carry concealed in all 50 states under federal law HR 218 No host breakfast 0930 qualification starts at 1030 Fire in order that registration is received 25 round course Indoors out of the weather. Everyone is […]

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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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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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