Recent News
LEOFF1.Net is Back
- Published Today
As many of you are aware, I took LEOFF1.Net offline a few months back in an effort to quell some complaints from the Coalition President and Vice President and enable me to better represent the RSPOA members.
That effort worked about as well as Chamberlin's visit to Berlin.
However, there have been some new developments that need circulation, so we are back online.
Of principal interest is the LEOFF 1 Medical Benefits study. The fack book is now complete. You can download it here.
There are currently no legislative proposals that threaten our pension. However there are a number of things happening that deal with how maintain our ability to organize and respond to issues should they arrise. We will be discussing those items and some other long range consderations in the coming weeks.
I welcome your comments and thank you for your support over the last eight years.
DRS/HCA merger is called off
Steve Hill, the Director of DRS/HCA has announced that the two agencies will not be combined. After extensive studies it was determined that the combination would not produce to any efficiencies nor any cost savings. Additionally, due to the significent differences in mission, the combination would be excessively complicated.
Mr. Hill will remain the director of both departments and a deputy director for each department will manage the day-to-day activities.
We will provide more information on the structure and function of these agencies in the near future.
Jerry Taylor/LEOFF1.Net
» Read More
That effort worked about as well as Chamberlin's visit to Berlin.
However, there have been some new developments that need circulation, so we are back online.
Of principal interest is the LEOFF 1 Medical Benefits study. The fack book is now complete. You can download it here.
There are currently no legislative proposals that threaten our pension. However there are a number of things happening that deal with how maintain our ability to organize and respond to issues should they arrise. We will be discussing those items and some other long range consderations in the coming weeks.
I welcome your comments and thank you for your support over the last eight years.
DRS/HCA merger is called off
Steve Hill, the Director of DRS/HCA has announced that the two agencies will not be combined. After extensive studies it was determined that the combination would not produce to any efficiencies nor any cost savings. Additionally, due to the significent differences in mission, the combination would be excessively complicated.
Mr. Hill will remain the director of both departments and a deputy director for each department will manage the day-to-day activities.
We will provide more information on the structure and function of these agencies in the near future.
Jerry Taylor/LEOFF1.Net
» Read More
Recent Articles
Medical Benefits Report
- By Jerry Taylor
- Published Today
- Medical Benefits
The Task Force Study - Phase One - Medical Benefits Fact Book has been completed. This is the result of the efforts of numerous stakeholders to arrive at some definitions of the LEOFF 1 plan on which we can all agree. The committed has not begun efforts to address solutions to the problems. The first such meeting was on June 30th. It was basically an orgaizational meeting and the committee hopes to begin work in earnest in August.
Click here to download a copy of the study.
Click here to download a copy of the study.
2009 Pension Event Timeline
- By Jerry Taylor
- Published Today
- Stuff
Select Committee on Pension Policy (SCPP)
The SCPP has meetings scheduled for the following dates:
The SCPP has meetings scheduled for the following dates:
- September 15
- October 20
- November 17
- December 15
Typically proposals are submitted to the Chair of the SCPP through the Office of the State Actuary (OSA). Items are considered by the Executive Committee who then decides whether or not to add the item onto the full committee's agenda. Proposals typically require one meeting for briefing the entire committee and one meeting to take executive action.
Pension Funding Council (PFC)
- Review economic assumption recommendations from OSA - Investment Rate of Return
- Inflation
- Salary growth
- Membership growth - September 1 OSA communicates recommendation to PFC
- October 30 PFC can adopts changes to assumptions
2008 Annual Valuation Report
- The Office of the State Actuary will produce the 2008 Annual Valuation Report this fall. The report will be as of June 30, 2008.
A Short History of RAIDS on the Pension Fund
- By Jerry Taylor
- Published Today
- Stuff
This article gives a brief summary of the major pieces of legislation that have impacted LEOFF 1. They date back to 1992, so you can see the issue of protecting our pension plan is long standing.
RFFOW President's Message for July 2009
- By Dick Warbrouck
- Published Today
- RFFOW
I want to clarify the impact of the passage of HB 1506 in the last legislative session which will be effective on July 26, 2009.
To be clear, this bill only amends RCW 41.18, the Prior Act. The bill amended RCW 41.18 to allow all surviving spouses to remarry without forfeiting their pension.
To be clear, this bill only amends RCW 41.18, the Prior Act. The bill amended RCW 41.18 to allow all surviving spouses to remarry without forfeiting their pension.