SENATE BILL REPORT
SB 6219
This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent. |
As of January 30, 2012
Title: An act relating to the member contribution rate for the Washington state patrol retirement system.
Brief Description: Changing the member contribution rate for the Washington state patrol retirement system.
Sponsors: Senators Haugen and King.
Brief History:
Committee Activity: Transportation: 1/26/12.
SENATE COMMITTEE ON TRANSPORTATION |
Staff: Amanda Cecil (786-7429)
Background: Commissioned officers of the Washington State Patrol (WSP) are part of the Washington State Patrol Retirement System (WSPRS). Members of the WSPRS contribute to the system at a rate of one-half of the adjusted total contribution rate or 7 percent plus 50 percent of contribution rate increases caused by any benefit improvements effective after July 1, 2007, whichever is less.
Summary of Bill: Beginning July 1, 2012, the member contribution rate for the WSPRS is 7 percent plus 50 percent of the contribution rate increase caused by any benefit improvements that become effective after July 1, 2012.
Appropriation: None.
Fiscal Note: Available.
Committee/Commission/Task Force Created: No.
Effective Date: Ninety days after adjournment of session in which bill is passed.
Staff Summary of Public Testimony: PRO: There are approximately 2000 people in the WSP retirement system. This bill will provide a predictable contribution rate for the troopers.
Persons Testifying: PRO: Tom Pillow, Davor Gjurassic, WSP Trooper's Assn.