News

May 4, 2022

It's official! Governor Inslee signed SHB 1701 on March 24, 2022.

Are you wondering how this bill will improve your benefit? Below…

Jan 6, 2022

The LEOFF Plan 2 Retirement Board has recommended three bills to the 2022 Legislature. If passed, these bills would make benefit improvements to the LEOFF 2 Retirement Plan. 

Jul 31, 2020

Member, employer and state contribution…

Jun 25, 2020

DRS will have reduced customer service availability in July due to mandatory furloughs of team members and high seasonal volumes of retirement processing.

  • DRS will be closed on the following dates: July 2, 3, 10, 17 and 24, 2020.…
Apr 9, 2020

You may be wondering if the recent turmoil in the financial markets puts your pension benefits at risk.  The answer is no.  Your pension benefits are guaranteed and your pension fund is fully protected.

Before this national…

Apr 2, 2020

On March 31, 2020, Governor Jay Inslee issued a proclamation related to the COVID-19 outbreak which waives return-to-work…

Apr 1, 2020

March 31, 2020, Governor Inslee issued a proclamation clearing the way for retirees from LEOFF Plan 2 to return to active service as a law enforcement officer or fire fighter while continuing to receive their pension benefit.  This change…

Feb 28, 2020

Each year, the Office of the State Actuary calculates the LEOFF Plan 2 Cost-of-Living-Adjustments (COLAs) at the request of the Department of Retirement Systems. Here are the 2020 results:

COLAs as of July 1, 2020

Jan 6, 2020

The 2019 Legislature directed the Law Enforcement Officers’ and Fire Fighters’ Plan 2 Retirement Board to study the tax, legal, fiscal, policy, and administrative issues related to allowing tribal law enforcement officers to…

Oct 21, 2019

The LEOFF Plan 2 Retirement Board has received the 2019 Recognition Award for Funding from the Public Pension Coordinating Council (PPCC).

The PPCC is a coalition of three national associations…

Aug 26, 2019

Last Legislative session there was a bill moving $300 million dollars from the LEOFF 2 fund to the LEOFF 2 Benefit Improvement Account.

Now, the LEOFF 2 Board will study…

Feb 26, 2019

Each year, the Office of the State Actuary calculates the LEOFF Plan 2 Cost-of-Living-Adjustments (COLAs) at the request of the Department of Retirement Systems. Here are the 2019 results.

For additional information, read the…

Dec 17, 2018
The LEOFF Plan 2 Board recently hired the Washington State Auditor’s office to conduct the Board’s annual financial audit for the fiscal year ending June. 2018. The findings of this audit were presented at the November 28, 2018 Board meeting. A…
Oct 23, 2018
The LEOFF Plan 2 Retirement Board has received the 2018 Recognition Award for Funding from the Public Pension Coordinating Council (PPCC). The (PPCC) is a coalition of three national associations that…
May 31, 2018
Reposted from the Department of Retirement Systems

The Department of Retirement Systems has learned that some public employees are receiving…