CERTIFICATION OF ENROLLMENT
ENGROSSED HOUSE BILL 1390
66TH LEGISLATURE
2020 REGULAR SESSION
Passed by the House March 10, 2020 Yeas 97 Nays 0
Speaker of the House of Representatives Passed by the Senate March 6, 2020 Yeas 49 Nays 0
President of the Senate | CERTIFICATE I, Bernard Dean, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is ENGROSSED HOUSE BILL 1390 as passed by the House of Representatives and the Senate on the dates hereon set forth.
Chief Clerk Chief Clerk |
Approved | FILED |
| Secretary of State State of Washington |
ENGROSSED HOUSE BILL 1390
AS AMENDED BY THE SENATE
Passed Legislature - 2020 Regular Session
State of Washington | 66th Legislature | 2019 Regular Session |
ByRepresentatives Leavitt, Volz, Dolan, Fitzgibbon, Caldier, Wylie, Pellicciotti, MacEwen, Griffey, Callan, Kilduff, Appleton, Jinkins, Tharinger, Blake, Ramos, Eslick, Slatter, Valdez, Schmick, Shewmake, Doglio, Goodman, Pollet, and Ortiz-Self; by request of Select Committee on Pension Policy
Read first time 01/21/19.Referred to Committee on Appropriations.
AN ACT Relating to providing a benefit increase to certain retirees of the public employees' retirement system plan 1 and the teachers' retirement system plan 1; amending RCW
41.40.1987 and
41.32.4992; and providing an effective date.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW
41.40.1987 and 2018 c 151 s 2 are each amended to read as follows:
(1) Beneficiaries who are receiving a monthly benefit from the public employees' retirement system plan 1 on July 1, 2017, shall receive, effective July 1, 2018, an increase to their monthly benefit of one and one-half percent multiplied by the beneficiaries' monthly benefit, not to exceed sixty-two dollars and fifty cents.
(2) Beneficiaries who are receiving a monthly benefit from the public employees' retirement system plan 1 on July 1, 2019, shall receive, effective July 1, 2020, an increase to their monthly benefit of three percent multiplied by the beneficiaries' monthly benefit, not to exceed sixty-two dollars and fifty cents.
(3) This section does not apply to those receiving benefits pursuant to RCW
41.40.1984.
Sec. 2. RCW
41.32.4992 and 2018 c 151 s 1 are each amended to read as follows:
(1) Beneficiaries who are receiving a monthly benefit from the teachers' retirement system plan 1 on July 1, 2017, shall receive, effective July 1, 2018, an increase to their monthly benefit of one and one-half percent multiplied by the beneficiaries' monthly benefit, not to exceed sixty-two dollars and fifty cents.
(2) Beneficiaries who are receiving a monthly benefit from the teachers' retirement system plan 1 on July 1, 2019, shall receive, effective July 1, 2020, an increase to their monthly benefit of three percent multiplied by the beneficiaries' monthly benefit, not to exceed sixty-two dollars and fifty cents.
(3) This section does not apply to those receiving benefits pursuant to RCW
41.32.489 or
41.32.540.
NEW SECTION. Sec. 3. This act takes effect July 1, 2020.
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