2017 Regular Session
|At the request of:|
|Chief Sponsors:||Senator Knopp, Kruse|
|Regular Sponsors:||Senator Baertschiger Jr, Boquist, Ferrioli, Girod, Hansell, Olsen, Thatcher, Winters, Representative Nearman (Presession Filed)|
|Bill Title:||Relating to the calculation of final average salary under the Public Employees Retirement System; declaring an emergency.|
|Catchline/Summary:||Changes calculation of final average salary for purposes of Public Employees Retirement System to use five years of salary instead of three years, for salary paid on and after January 1, 2018.
Directs Public Employees Retirement Board to recalculate employer contribution rates to reflect savings attributable to Act. Provides for expedited review of Act by Supreme Court upon petition by adversely affected party. Declares emergency, effective on passage.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In Senate Committee|
|Current Committee:||Senate Committee On Workforce|