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…
News
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…
Nov 4, 2016
The LEOFF Plan 2 Retirement Board has received the Public Pensions Standards 2016 Recognition Award for Funding from the Public Pension Coordinating Council (PPCC). This is the second year in a row the Board was awarded this honor. The (PPCC) is…
Mar 24, 2016
In accordance to RCW 41.26.440, a Cost of Living Adjustment (COLA) will be applied to LEOFF 2 member benefits. The COLA will go into effect July 1, 2016 as follows:
…
Mar 14, 2016
The Department of Retirement Systems (DRS) has just released a new online tool to help you ensure your remaining benefit will quickly go to the right person(s) down the road. Now you can update your beneficiary choices, including mailing…
Feb 29, 2016
Your 2015 annual retirement account statement is now available from the Department of Retirement Systems (DRS).
Simply log in to your…
Jan 28, 2016
It’s a commonly held belief among LEOFF 2 members that they should retire before July 1 in order to maximize the cost of living adjustment (COLA) they will receive. By retiring before July 1, you are eligible to receive your COLA one year sooner…
Jan 22, 2016
Reposted for the Department of Retirement Systems
Have you discovered the convenience and security of using direct deposit for your retirement benefit payments? If not, now is a great time to sign up. DRS has made it easier than ever to…
Jan 4, 2016
The 114th Congress passed the ‘Defending Public Safety Employees’ Retirement Act’ in June of 2015.
This bill amended the Internal Revenue Code to allow federal law enforcement officers and fire fighters to avoid the 10 percent tax penalty on TSP…
Nov 10, 2015
The LEOFF Plan 2 Retirement Board has received the Public Pensions Standards 2015 Recognition Award for Funding from the Public Pension Coordinating Council (PPCC).
The (PPCC) is a coalition of three national associations that include more than 500…
Aug 10, 2015
The 2015 Fall Retirement Planning Seminar Schedule is now available from the Department of Retirement Systems (DRS). If you are within five years of retirement, we encourage you to review the seminar information overview, and register online at…
Jul 23, 2015
The final biennial operating budget for 2015-2017 included a proviso to fund the LEOFF Plan 2 Benefit Improvement Account with a transfer of $15.779 million from the LEOFF Plan 2 Retirement Fund. The amount is derived from compounding two years of 7…
Jul 23, 2015
The LEOFF Plan 2 Board heard special testimony from Renee Mahar and Jolin Lowry at the July 22, 2015 meeting. Renee Maher is the surviving spouse of Federal Way Officer Patrick Maher who was killed in the line of duty in 2003. Jolin Lowry is the…
Mar 6, 2015
In accordance to RCW 41.26.440, a Cost of Living Adjustment (COLA) will be applied to LEOFF 2 member benefits. The COLA will go into effect July 1, 2015 as follows: Questions regarding the COLA should be directed to the…