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 2018 results, or for additional information, read the…
News
Jan 15, 2018
Retired and looking for your 1099-R form for tax purposes?
Beginning January 20, you can access your 1099-R by signing in to your retirement account and then selecting the 1099-R link on the left…
Oct 27, 2017
An evaluation of LEOFF Plan 2 compared to 160 other state plans shows LEOFF 2 is one of the top plans nationwide. LEOFF 2 is a solid, competitive pension system. It is also one of the best funded, safeguarding your retirement for years to come.…
Sep 25, 2017
LEOFF 2 members are eligible for retirement at age 53, much earlier than most Americans. This poses a problem for some individuals - what will they do for health insurance until Medicare kicks in?
Some members choose to return to work and there are…
Jul 21, 2017
Yesterday marked the end of the 2017 Legislative Session. Legislators concluded by passing the 2017-19 fiscal biennium operating budget. The budget included full contribution rates as adopted by the Board, canceled the alternate revenue payment…
May 20, 2017
The LEOFF 2 Board recently released two videos regarding Social Security offsets. These resources help provide explanation on how offsets may impact LEOFF members at the time of retirement.
Two public pension offsets exist for public service…
Apr 18, 2017
The Department of Retirement Systems offers live Benefits Summit events for early- and mid-career members. The summits are held throughout Washington and we are always adding more locations! The summits offer a great way to find out…
Mar 27, 2017
The proposed House operating budget for the 2017-2019 biennium was unchanged from Governor Inslee’s proposed budget as it pertains to LEOFF Plan 2.
The language from the proposed Senate budget which shifted the state’s share of the LEOFF Plan 2…
Mar 21, 2017
The Senate released their 2017-2019 Omnibus Operating Budget (PSSB 5048) this morning.
Issues Impacting LEOFF Plan 2:
Contribution Rates (Sections 939 & 940)
…Mar 21, 2017
The Department of Retirement Systems (DRS) is now conducting live webinars for Plan 2 members of the Law Enforcement Officers’ and Fire Fighters’ (LEOFF) Retirement System, Washington State Patrol Retirement System (WSPRS) and the Public Safety…
Mar 9, 2017
Emergency medical technicians (EMTs) who provide emergency medical services for a public hospital district (PHD) will be members of LEOFF Plan 2 on a prospective basis. An EMT that is employed by a PHD is only considered a firefighter if they…
Mar 8, 2017
The Department of Retirement Systems, has changed the way they are conduct their retirement seminars.
What this means for LEOFF Members:
- LEOFF members are no longer included in all statewide…
Mar 2, 2017
In accordance to RCW 41.26.440, a Cost of Living Adjustment (COLA) will be applied to LEOFF 2 member benefits as of July 1, 2017. Questions regarding the COLA should be directed to the Department of…
Jan 20, 2017
Reposted from the Department of Retirement Systems 1/18/2017
Retired and waiting for your 1099-R for tax purposes? Your 1099-R form will be mailed by the end of January. Beginning Jan. 23, you can get a copy of your 1099-R by signing in to…
Dec 14, 2016
Re-posted from the Department of Retirement Systems LEOFF and WSPRS retirees who retired before having an opportunity to buy a state-offered annuity are being provided a special window to do so. The purchase option, which…