About Us
The Washington State Law Enforcement Officers' and Fire Fighters' (LEOFF)
Plan 2 retirement Board was created by Initiative 790, passed by the people
of Washington state in November 2002.
The LEOFF Plan 2 Retirement Board is a state agency established in July 2003,
and is governed by an 11-member board comprised of three active fire fighters,
three active police officers, three employers and two legislators. Board members
are appointed by the Governor.
The LEOFF Plan 2 Retirement Board is a policy-making board with the responsibility
to study pension issues, be fiduciaries of the LEOFF Plan 2 retirement plan, set
contribution rates, and recommend pension policy to the Legislature in the
interest of the members and beneficiaries of LEOFF Plan 2. The Board meets
monthly in Olympia.
The Board, as a state agency, provides research staff and administrative
assistance to the Board. The agency employs six staff. In addition to agency
staff, the Board works cooperatively with other organizations for information
and support:
- Department of Retirement Systems - is responsible for the administration of
LEOFF Plan 2 benefits and provides customer service to LEOFF Plan 2 members,
answering questions and providing information regarding the LEOFF Plan 2 retirement
plan.
- Office of the State Actuary - provides actuarial assistance to the Board
- Washington State Investment Board - manages and invests the assets
of the LEOFF Plan 2 retirement plan.