Allowing new government employees the option of opting out of retirement system membership if the employee is age sixty or older when first hired, or when the employee's employer opts into retirement plan participation.
Summary
Allows public employees that first become eligible for coverage in certain public pension systems at age sixty or older, to opt out of retirement coverage.
From the Substitute Senate Bill Report (SSB 5687), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not passDid not pass · passed Senate, stalled in House
AN ACT Relating to allowing new government employees the option of opting out of retirement system membership if the employee is age sixty or older when first hired, or when the employee's employer opts into retirement plan participation;