Concerning membership in the public employees' retirement system for port workers who participate in a federal railroad retirement plan, a union-sponsored defined benefit retirement plan, or another employer-funded private pension plan. (REVISED FOR ENGROSSED: Concerning membership in the public employees' retirement system for port workers who participate in a federal railroad retirement plan.)
Summary
Creates a new exception to membership in the Public Employees' Retirement System, exempting persons employed in eligible positions by a port district and enrolled in a Federal Railroad Retirement Plan, beginning January 1, 2027.
From the Engrossed House Bill Report (EHB 2179), written by the Legislature's nonpartisan staff. Read the full report ↗
AN ACT Relating to membership in the public employees' retirement system for port workers who participate in a federal railroad retirement plan, a union-sponsored defined benefit retirement plan, or another employer-funded private pension plan;