House2025-26 sessionFiscal note

E2SHB 2034 — Concerning termination and restatement of plan 1 of the law enforcement officers' and firefighters' retirement system.

Signed into law — Chapter 261, Laws of 2026

Sponsor
Ormsby
Introduced
February 7, 2026
Status
C 261 L 26
Last action
Effective date 6/30/2029*. (April 1, 2026)

What this bill does

Terminates the Law Enforcement Officers' and Firefighters' Retirement System Plan 1 (LEOFF 1), and creates the Restated Law Enforcement Officers' and Firefighters' Retirement System (Restated LEOFF) on June 30, 2029. Benefits to members are unchanged by the transfer from LEOFF 1 to the Restated LEOFF. Provides for a transfer of assets from LEOFF 1 to the Restated LEOFF to 120 percent of fully funding the benefits of the new plan. Enables the small number of active employees of LEOFF 1 to retire in-service prior to the transfer. Provides for immediate vesting of all remaining terminated, nonvested members of LEOFF 1 prior to the transfer. Deposits remaining assets in the Pension Funding Stabilization Account, from which they may be transferred to the State General Fund.

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

Floor votes

  • House — 1769 Dye Pg 4 Ln 33 · February 13, 2026
    41 yea · 53 nay · 4 not voting
  • House — 1770 Jacobsen Pg 4 Ln 33 · February 13, 2026
    42 yea · 52 nay · 4 not voting
  • House — 1771 Keaton Pg 4 Ln 34 · February 13, 2026
    38 yea · 55 nay · 5 not voting
  • House — 1772 Schmick Pg 4 Ln 34 · February 13, 2026
    39 yea · 54 nay · 5 not voting
  • House — 1773 Barkis Pg 4 Ln 34 · February 13, 2026
    37 yea · 56 nay · 5 not voting
  • House — 1774 Griffey Pg 4 Ln 34 · February 13, 2026
    40 yea · 53 nay · 5 not voting
  • House — 1775 Burnett Pg 19 Ln 14 · February 13, 2026
    38 yea · 55 nay · 5 not voting
  • House — 1706 Fitzgibbon Pg 166 Ln 12 · February 13, 2026
    93 yea · 0 nay · 5 not voting
  • House — 3rd Reading & Final Passage · February 13, 2026
    55 yea · 39 nay · 4 not voting
  • House — Final Passage as Amended by the Senate · March 12, 2026
    50 yea · 46 nay · 2 not voting
  • Senate — 3rd Reading & Final Passage as Amended by the Senate · March 6, 2026
    25 yea · 22 nay · 2 not voting

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Other bills sponsored by Ormsby

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