BILL · 2011–12 SESSION
HB 1262: Annuities & retirement plans
Addressing public employees' annuities and retirement plans.
Summary
- Limits the employees to which state institutions of higher education may offer the Higher Education Retirement Plan (HERP), instead of the Public Employees’ Retirement System(PERS) Plans 2 or 3, to faculty and senior academic administrator employees.
- Eliminates the HERP Supplemental Benefit to employees that enter the plan after the effective date of the act.
- Replaces the defunct Public Pension Commission with the Select Committee on Pension Policy on the committees responsible for overseeing the HERPs.
- Creates a presumption that retirees that return to work for their previous employers fewer than three months after his or her accrual date did not separate from service.
- Applies the PERS post-retirement employment rules to positions covered by the HERPs.
From the House Bill Analysis 2011 (HB 1262), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 18, 2011
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Barbara Bailey (R-10)
- Introduced
- January 18, 2011 in the House
- Last action
- April 11, 2012
- Requested by
- Other
- Companion bill
- SB 5162
- Budget
- Has a fiscal note
AN ACT Relating to public employees' annuities and retirement plans;
Sponsors
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- First reading, referred to Ways & Means.
HB 1262 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 1262 (2025–26) Health disparities council
- HB 1262 (2023–24) Lump sum reporting system
- HB 1262 (2021–22) Officer background checks
- HB 1262 (2019–20) Presidential primary
- HB 1262 (2017–18) Accessible parking spaces
- HB 1262 (2015–16) Fed. govt owning land in WA
- HB 1262 (2013–14) HIV in criminal justice
- HB 1262 (2009–10) Video monitoring in schools