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User Not Found | Jun 02, 2017
The Senate’s proposal to eliminate the state portion of the LEOFF 2 pension contribution is still in play in budget negotiations.
The Senate’s proposal to eliminate the state portion of the LEOFF 2 pension contribution is still in play in budget negotiations. The Senate budget eliminates the state’s 20 percent share of the contribution, increasing the employer’s share from 30 percent to 50 percent. Fire districts would be exempt from this policy with the state continuing to pay its 20 percent share.
This cost shift to cities would increase city expenses by over $70 million for the 2017-2019 biennium. The Senate budget’s proposed rate structure is outlined in the table below and, if their proposal becomes law, would be effective on July 1, 2017.
AWC has been encouraging cities to calculate the impact of this cost shift and share the impacts to your city with your local legislators, community, and news media. AWC is strongly advocating for the state to continue to uphold our shared responsibility for public safety by funding its fair share.
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FY 2017
|
FY 2018
|
Senate proposal
FY 2017-19
|
Employee
|
8.41%
|
8.75%
|
8.75%
|
Employer
|
5.05%
|
5.25%
|
8.75%
|
State
|
3.36%
|
3.50%
|
0%
|