AWC requests veto on $300 million LEOFF 2 transfer bill

by <a href="mailto:loganb@awcnet.org">Logan Bahr</a>, <a href="mailto:brandona@awcnet.org">Brandon Anderson</a> | Apr 29, 2019
<a target="_blank" href="https://app.leg.wa.gov/billsummary?BillNumber=2144&amp;Initiative=false&amp;Year=2019"><strong>HB 2144</strong></a>, concerning the Law Enforcement Officers&rsquo; and Firefighters&rsquo; Plan 2 (LEOFF 2) pension system, passed the Legislature last week.

HB 2144, concerning the Law Enforcement Officers’ and Firefighters’ Plan 2 (LEOFF 2) pension system, passed the Legislature last week.

HB 2144 would repeal any current or future Public Safety Enhancement Account (PSEA) obligations. This account has never been funded by the state. The bill will also transfer $300 million out of the LEOFF 2 trust fund and into a subaccount to pay for unidentified new pension benefits.

The bill is now headed to the Governor for signature. AWC has submitted a veto request to Governor Inslee.

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