The Legislature passed and the Governor signed SHB 1936 and SSB 5615 during the 2005 session. As a result, the LEOFF Plan 2 Retirement Board has adopted supplemental rates to support the cost of these expanded benefits.
The Law Enforcement Officers’ and Fire Fighters’ Retirement System (LEOFF) Plan 2, contribution rates will increase effective September 1, 2005. Please refer to the chart below for the new rates.
| Contribution Rates Effective September 1, 2005 (Employer rates include 0.19% expense rate) |
||
|---|---|---|
| Plan 2 | ||
| Law Enforcement Officers' and Fire Fighters' Retirement System (LEOFF) | Percent | Rate |
| Cities, Counties, Fire Districts, etc. | ||
| Member Contribution Rate | 6.99% | .0699 |
| Employer Contribution Rate | 4.39% | .0439 |
| State Contribution Rate | 2.79% | .0279 |
| Ports and Universities | ||
| Member Contribution Rate | 6.99% | .0699 |
| Employer Contribution Rate | 7.18% | .0718 |
If you have any questions regarding this DRS Notice, please contact Employer Support Services at (360) 664-7200, option 2, or 1-800-547-6657, option 6, option 2; or email us. This Notice can also be accessed on the DRS Web site.
Mark Feldhausen
Assistant Director