The Office of the State Actuary is required to provide an annual actuarial valuation report of the LEOFF 2 Retirement Plan. The purpose of the report is to determine contribution requirements for LEOFF Plan 2 under the funding policy established
Archived News 2013
Aug 05, 2013
In the article, Transforming the Way People Think, Talk, and Act About Pensions, the LEOFF Plan 2 Board's executive director, Steve Nelsen, shares his ideas on the four noble truths of pensions.
Additionally, Nelsen cites six common characteristics
Aug 01, 2013
The latest Dual Response newsletter is now available for viewing. The next issue will be published after the 2014 Legislative Session.
Jun 10, 2013
The Senate's budget was passed on June 8.
The budget:
1) fully funds contribution rates adopted by the Board; and
2) does not fund the alternate revenue payment.
See more legislative news.
Apr 03, 2013
The Department of Retirement Systems has posted new Cost of Living Adjustments (COLA) information with an effective date of July 1, 2013. For more information on COLAs, visit their website at www.drs.wa.gov.
Mar 25, 2013
Seattle Times editorial discusses replacing public pensions with defined contribution plans. Read responses: March 11 and March 21.