Providing additional plan choice to members of the teachers' retirement system plans 2 and 3, the school employees' retirement system plans 2 and 3, and the public employees' retirement systems plans 2 and 3.

 H-0542.1

HOUSE BILL 1642

State of Washington

69th Legislature

2025 Regular Session

By Representatives Bronoske, Griffey, Couture, Reeves, Bernbaum, Shavers, Rule, Salahuddin, Nance, Reed, Goodman, Parshley, Zahn, Simmons, and Leavitt

Read first time 01/28/25. Referred to Committee on Appropriations.

AN ACT Relating to providing additional plan choice to members of the teachers' retirement system plans 2 and 3, the school employees' retirement system plans 2 and 3, and the public employees' retirement systems plans 2 and 3; amending RCW 41.32.835 , 41.35.610 , and 41.40.785 ; adding a new section to chapter 41.32 RCW; adding a new section to chapter 41.35 RCW; and creating a new section.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1. A new section is added to chapter 41.32 RCW under the subchapter heading "plan 3" to read as follows:

(1) Any plan 3 member who joined plan 3 between July 1, 1996, and June 30, 2007, and as a result was never offered the opportunity to choose between plan 2 and plan 3, may make an irrevocable choice to transfer to plan 2 during any January after the effective date of this section for purposes of future service, provided that the member earns service credit for that month.