BILL · 2025–26 SESSION

SB 5835: 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 Analysis 2026 (SB 5835), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedJan 12, 2026
  2. Out of committeeFeb 4, 2026
  3. Passed SenateFeb 11, 2026
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Steve Conway (D-29)
Introduced
January 12, 2026 in the Senate
Last action
March 12, 2026
Requested by
State agency
Companion bill
HB 2124
Budget
Has a fiscal note

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

Sponsors

Prime sponsor: Steve Conway (D-29)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 11, 2026
Version voted on: SB 5835
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat30000
Republican19000
How each member voted

History

  1. By resolution, returned to Senate Rules Committee for third reading.
  2. First reading, referred to Appropriations.
  3. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.
  4. Rules suspended. Placed on Third Reading.
  5. Placed on second reading by Rules Committee.
  6. Passed to Rules Committee for second reading.
  7. Minority; without recommendation.
  8. WM - Majority; do pass.
  9. First reading, referred to Ways & Means.
  10. Prefiled for introduction.

SB 5835 in other sessions

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

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