BILL · 2025–26 SESSION

HB 2124: Lump sum retirement payments

Concerning the threshold for payment of a lump sum retirement allowance in lieu of a monthly benefit.

Summary

Increases the minimum monthly pension from the Washington State Retirement Systems that the Department of Retirement Systems may convert to a lump sum from $50 to $250 increased annually.

From the House Bill Report (HB 2124), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 132, Laws of 2026

AN ACT Relating to the threshold for payment of a lump sum retirement allowance in lieu of a monthly benefit;

Passed February 16, 2026

Version voted on: HB 2124

96 Yea 0 Nay 0 Absent 2 Excused

Party	Yea	Nay	Absent	Excused
Democrat	57	0	0	2
Republican	39	0	0	0

How each member voted

Passed March 5, 2026

Version voted on: HB 2124

48 Yea 0 Nay 0 Absent 1 Excused

Party	Yea	Nay	Absent	Excused
Democrat	29	0	0	1
Republican	19	0	0	0

How each member voted

Mar 23, 2026Effective date 6/11/2026.
Mar 23, 2026Chapter 132, 2026 Laws.
Mar 23, 2026Governor signed.
Mar 10, 2026Delivered to Governor.
Mar 9, 2026President signed.
Mar 6, 2026Speaker signed.
Mar 5, 2026Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
Mar 5, 2026Rules suspended. Placed on Third Reading.
Mar 3, 2026Placed on second reading by Rules Committee.
Feb 27, 2026Passed to Rules Committee for second reading.
Feb 26, 2026WM - Majority; do pass.
Feb 18, 2026First reading, referred to Ways & Means.
Feb 16, 2026Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2.
Feb 16, 2026Rules suspended. Placed on Third Reading.
Feb 6, 2026Rules Committee relieved of further consideration. Placed on second reading.
Jan 27, 2026Referred to Rules 2 Review.
Jan 22, 2026APP - Majority; do pass.
Jan 22, 2026APP - Executive action taken by committee.
Jan 12, 2026First reading, referred to Appropriations.
Dec 10, 2025Prefiled for introduction.

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

HB 2124 (2023–24) Child care prg. eligibility · Enacted · Chapter 282, Laws of 2024
HB 2124 (2021–22) Leg. collective bargaining · Enacted · Chapter 283, Laws of 2022
HB 2124 (2019–20) CPL/firearm possession · Did not pass · died in committee
HB 2124 (2017–18) Marijuana/impeding revenue · Did not pass · died in committee
HB 2124 (2015–16) Regional trans planning orgs · Did not pass · died in committee
HB 2124 (2013–14) Continuity of govt/emergency · Did not pass · died in committee
HB 2124 (2011–12) Purchases by utilities · Did not pass · died in committee
HB 2124 (2009–10) Public community athletics · Did not pass · died in committee