Bill > HB1790

This bill amends several state retirement system laws to increase defined benefit accrual for members who have more than 30 years of service. Specifically, for members who have worked beyond 30 years, the bill introduces an additional retirement allowance of one-half of one percent of the member's average final compensation for each year of service after the 30-year mark. This means that in addition to the existing retirement allowance (which is either one or two percent of average final compensation per year of service, depending on the specific retirement system), members will now receive an extra 0.5% for each year worked beyond 30 years. The bill modifies statutes for multiple state retirement systems, including those for teachers (RCW 41.32), school employees (RCW 41.35), and public employees (RCW 41.40). The change is designed to provide additional financial benefits to long-serving public employees by recognizing and rewarding extended years of service beyond the 30-year milestone.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=1790&Year=2025&Initiative=false