WA People
BILL · 2015–16 SESSION

SB 5210: Life annuity benefit/WSPRS

Authorizing an optional life annuity benefit for members of the Washington state patrol retirement system.

Summary

  • Permits members of the Washington State Patrol Retirement System (WSPRS) to purchase actuarially equivalent life annuity benefits from the WSPRS retirement fund.
  • Requires annuity purchases to be for a minimum of $25,000, and funds used for the purchase must be from a tax-qualified plan offered by a governmental employer.

From the House Bill Report (SB 5210), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 111, Laws of 2015
  1. IntroducedJan 15, 2015
  2. Out of committeeFeb 10, 2015
  3. Passed SenateMar 2, 2015
  4. Passed HouseApr 14, 2015
  5. GovernorApr 25, 2015
  6. LawApr 25, 2015
Prime sponsor
Barbara Bailey (R-10)
Introduced
January 15, 2015 in the Senate
Last action
April 25, 2015
Session law
Chapter 111, Laws of 2015
Requested by
Other
Companion bill
HB 1169
Budget
Has a fiscal note

AN ACT Relating to an optional life annuity benefit for members of the Washington state patrol retirement system;

Sponsors

Prime sponsor: Barbara Bailey (R-10)

6 co-sponsors (3 Democrats, 3 Republicans)

Steve Conway D-29Steve Hobbs D-44Mark Schoesler R-9Jan Angel R-26Karen Keiser D-33Don Benton R-17

Votes

Senate · 3rd Reading & Final Passage

Passed March 2, 2015
Version voted on: SB 5210
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat22002
Republican25000
How each member voted

Excused (2)

Permalink to this vote

House · Final Passage

Passed April 14, 2015
Version voted on: SB 5210
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat50001
Republican47000
How each member voted

Yea (97)

Excused (1)

Permalink to this vote

History

  1. Effective date 7/24/2015.
  2. Chapter 111, 2015 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Referred to Rules 2 Review.
  11. APP - Majority; do pass.
  12. First reading, referred to Appropriations (Not Officially read and referred until adoption of Introduction report).
  13. Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2.
  14. Rules suspended. Placed on Third Reading.
  15. Placed on second reading consent calendar.
  16. WM - Majority; do pass.
  17. Passed to Rules Committee for second reading.
  18. First reading, referred to Ways & Means.

SB 5210 in other sessions

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

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