Senate Releases 2017-2019 Omnibus Operating Budget (PSSB 5048)

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)

Live Retirement Webinars for LEOFF, WSPRS, and PSERS

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

ESSB 5659 – Passed out of the Senate on March 7th

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

2017 Retirement Seminars More Targeted for LEOFF Members

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

2017 Cost of Living Adjustments

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.

Retirees: Looking For Your 1099-R?

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?