SENATE BILL REPORT
SB 5930
As of February 28, 1995
Title: An act relating to minimum retirement benefits.
Brief Description: Providing minimum retirement benefits.
Sponsors: Senators McAuliffe, Owen, Fairley and Long.
Brief History:
Committee Activity: Ways & Means: 3/1/95.
SENATE COMMITTEE ON WAYS & MEANS
Staff: Denise Graham (786-7715)
Background: There is no minimum benefit for retired members of the Washington State Patrol retirement system. The minimum monthly benefit for beneficiaries is $13 per year of member service. It is $23 per year of service for surviving spouses who are not receiving Social Security benefits.
Summary of Bill: Retired members of the Washington State Patrol system receive a minimum benefit of $500 per month. Surviving spouses receive a monthly minimum benefit which is the greater of $500 or $23 per year of service. All surviving spouses are eligible for this benefit, regardless of Social Security benefits.
Appropriation: None.
Fiscal Note: Requested.
Effective Date: Ninety days after adjournment of session in which bill is passed.