Clarifying eligibility for the tiered multiplier and alternative lump sum benefits in the law enforcement officers and firefighters' retirement system plan 2.
First reading, referred to Appropriations.
Summary
The measure sets rules for members of Washington’s law‑enforcement and firefighter retirement system to receive either a one‑time lump‑sum payment of $100 per service credit month or a tiered multiplier benefit, depending on when they retire and their status. It also provides higher payouts for line‑of‑duty disability or death and limits who can receive the lump‑sum. The changes aim to eliminate confusion about benefit choices.
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