The Senate released their 2017-2019 Omnibus Operating Budget (PSSB 5048) this morning. Issues Impacting LEOFF Plan 2: Contribution Rates (Sections 939 & 940) Except for fire protection districts, the State contribution to LEOFF Plan 2 is eliminated making the contribution rate funding ratio 50% member and 50% employer. The state… Continue Reading Senate Releases 2017-2019 Omnibus Operating Budget (PSSB 5048)
The Department of Retirement Systems (DRS) is now conducting live webinars for Plan 2 members of the Law Enforcement Officers’ and Fire Fighters’ (LEOFF) Retirement System, Washington State Patrol Retirement System (WSPRS) and the Public Safety Employees’ Retirement System (PSERS). Content includes: How much will my benefit be? When am… Continue Reading Live Retirement Webinars for LEOFF, WSPRS, and PSERS
Emergency medical technicians (EMTs) who provide emergency medical services for a public hospital district (PHD) will be members of LEOFF Plan 2 on a prospective basis. An EMT that is employed by a PHD is only considered a firefighter if they perform emergency medical services, such as medical treatment, at… Continue Reading ESSB 5659 – Passed out of the Senate on March 7th
The Department of Retirement Systems, has changed the way they are conduct their retirement seminars. What this means for LEOFF Members: LEOFF members are no longer included in all statewide retirement seminars. The seminars that do include LEOFF are targeted in a way that is more useful for LEOFF members. The facilities… Continue Reading 2017 Retirement Seminars More Targeted for LEOFF Members
In accordance to RCW 41.26.440, a Cost of Living Adjustment (COLA) will be applied to LEOFF 2 member benefits as of July 1, 2017. Questions regarding the COLA should be directed to the Department of Retirement Systems.
Reposted from the Department of Retirement Systems 1/18/2017 Retired and waiting for your 1099-R for tax purposes? Your 1099-R form will be mailed by the end of January. Beginning Jan. 23, you can get a copy of your 1099-R by signing in to your retirement account and then selecting the… Continue Reading Retirees: Looking For Your 1099-R?