SB 5350 — 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 397, Laws of 2023
- Sponsor
- Conway
- Introduced
- January 12, 2023
- Status
- C 397 L 23
- Last action
- Effective date 7/1/2023. (May 9, 2023)
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 $110 per month. Directs the Select Committee on Pension Policy to study and recommend an ongoing cost-of-living adjustment during the 2023-2025 fiscal biennium.
From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗
Floor votes
- House — Final Passage as Amended by the House · April 12, 202397 yea · 0 nay · 1 not voting
- House — Final Passage · April 19, 202398 yea · 0 nay
- Senate — 3rd Reading & Final Passage · February 27, 202348 yea · 0 nay · 1 not voting
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Create a free accountOther bills sponsored by Conway
- SB 5324 — Concerning the defense community compatibility account.
- SB 5331 — Concerning job search requirements for unemployment insurance benefits.
- SSB 5348 — Protecting warehouse employees.
- SB 5349 — Repealing some postretirement employment restrictions.
- SB 5421 — Exempting benefit enrollment information collected and maintained by the health care authority from public inspection and copying under the public records act.
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 ↗