The 2017 regular session of the 65th Legislature convened Jan. 9. Under the state constitution, regular sessions in odd-numbered years are limited to no more than 105 days.
As of 1-20-2017
This list is updated as pension-related bills are introduced for the 2017 session. Please note that legislative proposals do not become law until they are passed by both houses of the Legislature and signed by the governor. For more information on legislation and the legislative process, visit the Washington State Legislature's website.
Click on the bill number for more detailed information about the legislation.
|House Bill Number||Senate Bill Number||Title/Summary|
|HB 1173||SB 5061||
Military service credit for Washington State Patrol Retirement System members
If enacted, this bill would impact which Washington State Patrol Retirement System (WSPRS) members receive service credit for interruptive military service. Currently, members receive service credit for interruptive military service only if it occurs between being employed at the Washington State Patrol (WSP) and returning to the WSP. This bill would extend service credit for interruptive military service to those who don’t begin at the WSP but do become employed with the WSP after their military service ends, as well as those who do begin at the WSP but don’t return to it.
Washington State Patrol overtime
If enacted, this bill would amend the definition of “salary” in the Washington State Patrol Retirement System to include voluntary overtime earned after July 1, 2017. This would result in voluntary overtime being considered earnable compensation, which is used when calculating a retiree’s Average Final Salary and, therefore, his or her monthly benefit amount.
Allowing PERS members meeting specific criteria to transfer service credit into PSERS
If enacted, this bill would allow Public Employees’ Retirement System (PERS) members who meet certain eligibility criteria to transfer their PERS service credit into PSERS as long as they pay the difference between the PERS and PSERS contribution rates for the affected service credit. Their employers would also have to pay the difference between the contribution rates.
Age-based plan opt-out
If enacted, this bill would allow new employees who are age 60 or older who have no prior service in any of the state’s retirement systems to choose to not participate in the state retirement system. The employer of a new employee who opts out would still pay the employer contributions for that employee. An employee who opts out wouldn’t pay member contributions.
Allowing TRS retirees who used the 2008 ERFs to return to work as coaches
If enacted, this bill would allow Teachers’ Retirement System (TRS) retirees who retired using the 2008 Early Retirement Factors (ERFs) to temporarily return to work as K-12 school coaches for up to 867 hours per calendar year before having their monthly benefits suspended.
Regarding additional employer contribution rates
If enacted, this bill would require the Pension Funding Council to assess an additional employer-specific contribution rate sufficient to pay for lost investment earnings and interest when retirement contributions are made after the service was provided by the employees. This additional rate would only be assessed if the resulting liabilities from the late reporting would require additional contribution rates to be charged to all members and employers if not paid for by the late-reporting employer.