WA People
BILL · 2015–16 SESSION

SB 6005: Retirement/max compensation

Establishing the state average annual wage as the maximum compensation to be used for calculating state retirement benefits.

Summary

  • For persons who first become members of PERS 2 & 3, TRS 2 & 3, SERS 2 & 3, and PSERS 2 after December 31, 2015, the average final compensation used to calculate a retirement benefit, and the reported compensation upon which member and employer contribution rates are applied, may not exceed the state average annual wage for the prior calendar year.

From the Senate Bill Report (Orig.) (SB 6005), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 16, 2015
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
John Braun (R-20)
Introduced
February 16, 2015 in the Senate
Last action
March 10, 2016
Budget
Has a fiscal note

AN ACT Relating to establishing the state average annual wage as the maximum compensation to be used for calculating state retirement benefits;

Sponsors

Prime sponsor: John Braun (R-20)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. First reading, referred to Ways & Means.

SB 6005 in other sessions

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

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