The bill amends RCW 41.05.011 to clarify the definitions related to participating in insurance plans and contracts for separated plan 2 members of certain retirement systems. Key changes include the definition of "separated employees," which now specifies that individuals who separate from employment under certain retirement systems (teachers', school employees', or public employees' retirement systems) and meet age and service requirements can participate in insurance plans. The bill introduces new criteria for "separated employees," allowing those with at least 20 years of service under plan 2 to qualify, effective January 1, 2024.

Additionally, the bill establishes that the new provisions will take effect on January 1, 2024, ensuring that the changes are implemented in a timely manner. This legislation aims to enhance the benefits available to retired or disabled school employees and public employees, thereby improving their access to health care and insurance options after retirement.

Statutes affected:
Original Bill: 41.05.011