House2025-26 sessionFiscal note

HB 2124 — Concerning the threshold for payment of a lump sum retirement allowance in lieu of a monthly benefit.

Signed into law — Chapter 132, Laws of 2026

Sponsor
Couture
Introduced
January 12, 2026
Status
C 132 L 26
Last action
Effective date 6/11/2026. (March 23, 2026)

What this bill does

Increases the minimum monthly pension from the Washington State Retirement Systems that the Department of Retirement Systems may convert to a lump-sum from $50 to $250 increased annually.

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

Floor votes

  • House — 3rd Reading & Final Passage · February 16, 2026
    96 yea · 0 nay · 2 not voting
  • Senate — 3rd Reading & Final Passage · March 5, 2026
    48 yea · 0 nay · 1 not voting

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Other bills sponsored by Couture

All 2025-26 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 ↗