WA People
BILL · 2011–12 SESSION · LATEST VERSION SHB 2021

HB 2021: PERS and TRS plan 1

Limiting the annual increase amounts in the public employees' retirement system plan 1 and the teachers' retirement system plan 1.

Summary

  • Eliminates further increases of Public Employees' and Teachers' Retirement Systems Plan 1 (PERS Plan 1 and TRS Plan 1) benefits through the annual increase, or "Uniform COLA" above the amount in effect on July 1, 2010, unless a retiree qualifies for the minimum benefit.
  • Permits members of PERS Plan 1 and TRS Plan 1 that qualify for the basic minimum benefit formula in the plans to continue to receive the Uniform COLA.
  • Reduces the minimum employer contribution rates for the PERS Plan 1 unfunded liability from 5.75 to 3.5 percent, and for the TRS Plan 1 unfunded liability from 8.0 to 5.75 percent.
  • Increases the alternative minimum benefit, commonly referred to as the "$1,000 minimum benefit," to $1,500, and continues to index the alternative minimum benefit by 3 percent per year.

From the Substitute House Bill Report (SHB 2021), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 362, Laws of 2011
  1. IntroducedMar 16, 2011
  2. Out of committeeApr 19, 2011
  3. Passed HouseApr 21, 2011
  4. Passed SenateApr 22, 2011
  5. GovernorMay 16, 2011
  6. LawMay 16, 2011
Prime sponsor
Eric Pettigrew (D-37)
Introduced
March 16, 2011 in the House
Last action
May 16, 2011
Session law
Chapter 362, Laws of 2011
Requested by
Governor
Companion bill
SB 5920
Budget
Has a fiscal note
Versions
HB 2021, SHB 2021

AN ACT Relating to annual increase amounts in the public employees' retirement system plan 1 and the teachers' retirement system plan 1;

Sponsors

Prime sponsor: Eric Pettigrew (D-37)

5 co-sponsors (5 Democrats, 0 Republicans)

Jeannie Darneille D-27Larry Seaquist D-26Senator D-36Ross Hunter D-48Eileen Cody D-34

Votes

House · Final Passage

Passed April 21, 2011
Version voted on: SHB 2021
52 Yea 45 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat50600
Republican23901
How each member voted

Yea (52)

Excused (1)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed April 22, 2011
Version voted on: SHB 2021
28 Yea 17 Nay 1 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat18810
Republican10903
How each member voted

Absent (1)

Permalink to this vote

History

  1. Governor signed. (SHB 2021)
  2. Effective date 6/30/2011. (SHB 2021)
  3. Chapter 362, 2011 Laws. (SHB 2021)
  4. Delivered to Governor. (SHB 2021)
  5. President signed. (SHB 2021)
  6. Speaker signed. (SHB 2021)
  7. Read first time, rules suspended, and placed on second reading calendar. (SHB 2021)
  8. Third reading, passed; yeas, 28; nays, 17; absent, 1; excused, 3. (SHB 2021)
  9. Rules suspended. Placed on Third Reading. (SHB 2021)
  10. Third reading, passed; yeas, 52; nays, 45; absent, 0; excused, 1. (SHB 2021)
  11. Rules suspended. Placed on Third Reading. (SHB 2021)
  12. 1st substitute bill substituted. (SHB 2021)
  13. 1st substitute bill substituted.
  14. Placed on second reading by Rules Committee. (SHB 2021)
  15. Placed on second reading by Rules Committee.
  16. Passed to Rules Committee for second reading. (SHB 2021)
  17. Passed to Rules Committee for second reading.
  18. WAYS - Majority; 1st substitute bill be substituted, do pass. (SHB 2021)
  19. Minority; do not pass. (SHB 2021)
  20. WAYS - Executive action taken by committee.
  21. Minority; do not pass.
  22. WAYS - Majority; 1st substitute bill be substituted, do pass.
  23. First reading, referred to Ways & Means.

HB 2021 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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