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BILL · 2025–26 SESSION · LATEST VERSION SSB 5862

SB 5862: TRS & PERS plan 1 COLA

Providing a cost-of-living adjustment for plan 1 retirees of the teachers' retirement system and public employees' retirement system.

Summary

  • Provides a one-time, 3 percent, up to a maximum of $110 per month, increase to the retirement benefits of retirees in the Public Employees' Retirement System and the Teachers' Retirement System Plan 1 on July 1, 2026.

From the Substitute House Bill Report (SSB 5862), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 248, Laws of 2026
  1. IntroducedJan 12, 2026
  2. Out of committeeFeb 9, 2026
  3. Passed SenateFeb 13, 2026
  4. Passed HouseMar 6, 2026
  5. GovernorMar 30, 2026
  6. LawMar 30, 2026
Prime sponsor
Perry Dozier (R-16)
Introduced
January 12, 2026 in the Senate
Last action
March 30, 2026
Session law
Chapter 248, Laws of 2026
Budget
Has a fiscal note
Versions
SB 5862, SSB 5862

AN ACT Relating to providing a cost-of-living adjustment for plan 1 retirees of the teachers' retirement system and public employees' retirement system;

Sponsors

Prime sponsor: Perry Dozier (R-16)

8 co-sponsors (3 Democrats, 5 Republicans)

Jessica Bateman D-22Leonard Christian R-4Keith Goehner R-12Bob Hasegawa D-11Jeff Holy R-6Liz Lovelett D-40Keith Wagoner R-39Jeff Wilson R-19

Votes

Senate · 3rd Reading & Final Passage

Passed February 13, 2026
Version voted on: SSB 5862
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat30000
Republican18001
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

House · 3rd Reading & Final Passage

Passed March 6, 2026
Version voted on: SSB 5862
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat58001
Republican38001
How each member voted

Yea (96)

Excused (2)

Permalink to this vote

History

  1. Effective date 7/1/2026. (SSB 5862)
  2. Chapter 248, 2026 Laws. (SSB 5862)
  3. Governor signed. (SSB 5862)
  4. Delivered to Governor. (SSB 5862)
  5. Speaker signed. (SSB 5862)
  6. President signed. (SSB 5862)
  7. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2. (SSB 5862)
  8. Rules suspended. Placed on Third Reading. (SSB 5862)
  9. Rules Committee relieved of further consideration. Placed on second reading. (SSB 5862)
  10. APP - Majority; do pass. (SSB 5862)
  11. APP - Executive action taken by committee. (SSB 5862)
  12. Referred to Rules 2 Review. (SSB 5862)
  13. First reading, referred to Appropriations. (SSB 5862)
  14. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1. (SSB 5862)
  15. Rules suspended. Placed on Third Reading. (SSB 5862)
  16. 1st substitute bill substituted. (SSB 5862)
  17. 1st substitute bill substituted.
  18. Placed on second reading by Rules Committee. (SSB 5862)
  19. Placed on second reading by Rules Committee.
  20. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5862)
  21. Minority; without recommendation. (SSB 5862)
  22. Passed to Rules Committee for second reading. (SSB 5862)
  23. Minority; without recommendation.
  24. WM - Majority; 1st substitute bill be substituted, do pass.
  25. Passed to Rules Committee for second reading.
  26. First reading, referred to Ways & Means.
  27. Prefiled for introduction.

SB 5862 in other sessions

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

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