BILL · 2013–14 SESSION

SB 5856: Defined contribution plan

Creating a defined contribution retirement plan for public employees.

Summary

The Washington Public Employees Savings Plan (PESP) is created as a new defined-contribution plan to replace PERS, TRS, SERS, and PSERS Plans 2 and PERS, TRS, and SERS Plans 3 for all employees first hired in an eligible position on or after July 1, 2014, and for all current members of those plans who are under age 45 as of July 1, 2014.

From the Senate Bill Report (Orig.) (SB 5856), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to creating a defined contribution retirement plan for public employees;

No recorded floor votes. This measure never reached a floor vote.

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

SB 5856 (2025–26) Lubricant emissions · Did not pass · died in committee
SB 5856 (2023–24) Voter reg. challenges · Did not pass · passed Senate, stalled in House
SB 5856 (2021–22) Firearm transfers to museums · Did not pass · passed Senate, stalled in House
SB 5856 (2019–20) I-405 & SR 167 traffic study · Did not pass · died in committee
SB 5856 (2017–18) Retail sale nexus/safety net · Did not pass · died in committee
SB 5856 (2015–16) College bound scholarship · Did not pass · died in committee
SB 5856 (2011–12) Public speedway authority · Did not pass · died in committee
SB 5856 (2009–10) Affordable housing financing · Did not pass · died in committee