Bill > HB1988

This bill extends the existing provisions that allow retired public employees, teachers, and school employees to work additional hours without having their pension benefits reduced. Specifically, the bill extends the time frame for these expanded work opportunities from July 1, 2025 to July 1, 2029 for various retirement systems. Under these provisions, retirees can work up to 1,040 hours per year in certain school district positions without suspending their pension payments. This applies particularly to retirees who returned to work in nonadministrative positions in school districts, or for those who retired before January 1, 2022, and are working as district superintendents or in-school administrators in second-class school districts. The bill also maintains the existing rules about benefit reductions for retirees who return to work too soon after retirement, where their monthly retirement allowance can be reduced by 5.5% for every seven or eight hours worked (depending on the specific retirement system). The legislation includes an emergency clause, meaning it takes effect immediately upon signing, and is designed to provide more flexibility for retired public sector workers to continue working while maintaining their pension benefits.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=1988&Year=2025&Initiative=false