DRS Adds “Benefit Summits” for Early to Mid Career Members

The Department of Retirement Systems offers live Benefits Summit events for early- and mid-career members. The summits are held throughout Washington and we are always adding more locations! The summits offer a great way to find out more about your retirement plan and benefits: Plan basics like how your benefit is calculated… Continue Reading DRS Adds “Benefit Summits” for Early to Mid Career Members

House Releases 2017-2019 Omnibus Operating Budget (PSHB 1067)

The proposed House operating budget for the 2017-2019 biennium was unchanged from Governor Inslee’s proposed budget as it pertains to LEOFF Plan 2. The language from the proposed Senate budget which shifted the state’s share of the LEOFF Plan 2 contributions onto employers, was not included in the House budget.… Continue Reading House Releases 2017-2019 Omnibus Operating Budget (PSHB 1067)

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