Pension-Related Legislation

Get an email or text update when pension-related legislation information is updated.

Below is a list of pension-related bills considered in the 2021 session.

For more information on legislation and the legislative process, visit the Washington State Legislature website.

Select the link on the bill number for detailed information about the legislation.

Senate Bill NumberHouse Bill NumberTitle and Summary
SB 5021Concerning the effect of expenditure reduction efforts on retirement benefits for public employees, including those participating in the shared work program.

The bill would provide that if a retirement plan member is furloughed in the Average Final Salary period of their career, their service credit would be calculated as if they had not been furloughed to protect their accumulated retirement benefit; the bill is curative and necessary to comply with state and federal law and agencies ability to qualify for the federal program and receipt of federal funds for the Shared Work Program.
SB 5296Modifying the definition of index for the Washington state patrol retirement system.
Removes the reference to Tacoma-Bremerton from the statute that defines the index used to adjust the benefits for retirees of the Washington State Patrol Retirement System.
SB 5367Directing the department of retirement systems to create rules regarding automatic refunds of retirement contributions in the retirement systems listed in RCW 41.50.030.

Directs DRS to establish rules for eliminating inactive member accounts with a balance of less than $1,000.

Select the link on the bill number for detailed information about the legislation.

Senate Bill NumberHouse Bill NumberTitle and Summary
HB 1032Concerning early retirement options for members of the teachers' retirement system and school employees' retirement system plans 2 and 3. *
SB 5336Concerning law enforcement officers' and firefighters' retirement system disability boards.

Requires LEOFF Plan 1 Disability Boards to provide eligible members with documentation of covered medical services.
SB 5352Allowing new government employees the option of opting out of retirement system membership if the employee is age sixty or older when first hired, or when the employee's employer opts into retirement plan participation.

Allows public employees that first become eligible for coverage in certain public pension systems at age 60 or older, to opt out of retirement coverage.
SB 5453Concerning plans 1 and 2 of the state retirement systems. *

*A brief summary of the bill will be provided when the House or Senate Bill Report is posted.

Voice your opinion on any bill by using the Legislature’s online commenting tool or by calling the Legislative Hotline at 800.562.6000. Watch or listen to hearings and floor activity on TVW.

Back to Top