Thursday, March 28, 2024

Legislative News

Social Security Fairness Act Aims to End Unfair Public Pension Offsets

Social Security Fairness Act Aims to End Unfair Public Pension Offsets From AFSCME: Security benefits are based on an individual’s earnings and paid according to a progressive formula. For working families with lower lifetime earnings, Social Security replaces a larger proportion of previous earnings than it would for higher income earners. But, the Government Pension Offset (GPO) and the Windfall …

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RPEC 2023 Legislative Champion Awards

The RPEC Executive Board has selected three State Legislators to receive the 2023 RPEC Legislative Champion Award: Senator Steve Conway (D, Tacoma) was the primary sponsor of Senate Bill 5350, providing a one-time 3% COLA to PERS 1 and TRS 1 retirees and directing the Select Committee on Pension Policy to study and recommend an ongoing COLA proposal.  Throughout the …

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Legislation Implementation Update

Legislation Implementation Update Earlier this year, you helped the Washington State Legislature pass bills that positively impact retired public employees and senior citizens across the state.  RPEC is monitoring how these new laws are being implemented by state agencies.  Here is an update on some of the most important bills that the Legislature passed in 2023: SHB 1355: Expanding Senior …

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Governor Inslee Signs Plan 1 COLA Bill

Governor Inslee Signs Plan 1 COLA Bill On the afternoon of Tuesday, May 9, Governor Jay Inslee signed Senate Bill 5350, providing a one-time 3% cost-of-living-adjustment (COLA) to PERS 1 and TRS 1 retirees not to exceed $110 per month.  The bill also directs the Select Committee on Pension Policy (SCPP) to study and recommend an ongoing COLA proposal to …

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