House2023-24 sessionFiscal note

SHB 1985: Providing a benefit increase to certain retirees of the public employees' retirement system plan 1 and the teachers' retirement system plan 1.

Signed into law: Chapter 255, Laws of 2024

Sponsor
Timmons
Introduced
January 8, 2024
Status
C 255 L 24
Last action
Effective date 6/6/2024. (March 26, 2024)
As of
August 18, 2026, 2:01 AM Pacific, from the Legislature’s records

What this bill does

Provides a one-time 3 percent increase to the retirement benefits of retirees in the Public Employees' Retirement System and the Teachers' Retirement System Plan 1, up to $125 per month.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Floor votes

  • House: 3rd Reading & Final Passage · February 6, 2024
    97 yea · 0 nay · 1 not voting
  • House: 840 Chambers Striker · February 6, 2024
    43 yea · 54 nay · 1 not voting
  • Senate: 3rd Reading & Final Passage · February 28, 2024
    49 yea · 0 nay

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Other bills sponsored by Timmons

All 2023-24 Washington State bills →

Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗