States / Washington / HB 1988

HB 1988 In Committee

Permitting individuals retired from the public employees' retirement system, the teachers' retirement system, and the school employees' retirement system additional opportunities to work for up to 1,040 hours per year while in receipt of pension benefits.

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 H-1411.1

HOUSE BILL 1988

State of Washington

69th Legislature

2025 Regular Session

By Representatives Callan, Waters, Santos, Reed, and Pollet

Read first time 02/17/25. Referred to Committee on Appropriations.

AN ACT Relating to permitting individuals retired from the public employees' retirement system, the teachers' retirement system, and the school employees' retirement system additional opportunities to work for up to 1,040 hours per year while in receipt of pension benefits; amending RCW 41.32.570 , 41.32.802 , 41.32.862 , 41.35.060 , and 41.40.037 ; and declaring an emergency.

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

Sec. 1. RCW 41.32.570 and 2022 c 110 s 1 are each amended to read as follows:

(1)(a) If a retiree enters employment with an employer sooner than one calendar month after his or her accrual date, the retiree's monthly retirement allowance will be reduced by five and one-half percent for every seven hours worked during that month. This reduction will be applied each month until the retiree remains absent from employment with an employer for one full calendar month.

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