WA People
BILL · 2013–14 SESSION

SB 5392: State retirement system

Limiting the impact of excess compensation on state retirement system contribution rates.

Summary

  • An additional category of excess compensation is created to include any increases in the compensation used to calculate a retirement allowance that exceeds one and one-half times the person's reportable compensation from the prior salary averaging period, where the increase is the result of payments for overtime, bonuses, cash outs of any form of leave, or lump-sum payments.

From the Senate Bill Report (SB 5392), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 29, 2013
  2. Out of committeeMar 1, 2013
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Barbara Bailey (R-10)
Introduced
January 29, 2013 in the Senate
Last action
February 25, 2014
Budget
Has a fiscal note

AN ACT Relating to limiting the impact of excess compensation on state retirement system contribution rates;

Sponsors

Prime sponsor: Barbara Bailey (R-10)

6 co-sponsors (1 Democrat, 5 Republicans)

Janéa Holmquist Newbry R-13Jerome Delvin R-8Rodney Tom D-48Joe Fain R-47Senator R-15Mark Schoesler R-9

Votes

No recorded floor votes.

History

  1. Senate Rules "X" file.
  2. Placed on second reading by Rules Committee.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. Referred to Rules.
  6. Placed on second reading by Rules Committee.
  7. Passed to Rules Committee for second reading.
  8. Minority; without recommendation.
  9. Minority; do not pass.
  10. WM - Majority; do pass.
  11. First reading, referred to Ways & Means.

SB 5392 in other sessions

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

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