The bill proposes the termination and restatement of Plan 1 of the Washington Law Enforcement Officers' and Firefighters' Retirement System (LEOFF Plan 1), which has been closed to new members for nearly 25 years and primarily consists of retirees and beneficiaries. It recognizes a surplus of over $3.3 billion in LEOFF Plan 1 and aims to ensure all liabilities are satisfied before any surplus is reverted to the state. The legislation establishes a new retirement system that maintains existing benefits for members and beneficiaries while providing vesting benefits for non-vested members, with the changes set to take effect on June 30, 2029. Key provisions include the creation of a restated law enforcement officers' and firefighters' defined benefit retirement fund, funded by transferring assets from the existing retirement fund, and the establishment of a pension surplus holding account.

Additionally, the bill amends various definitions and provisions related to the retirement system, including the deletion of terms related to "Disability board," "Disability leave," and "Disability retirement" for Plan 1 members, which are no longer applicable. It expands the definition of "Law enforcement officer" to include part-time employees and those employed by federally recognized tribes. The bill also introduces new legal language that terminates Plan 1 and transfers members to the new retirement system, while establishing minimum medical and health standards for eligibility. Overall, the legislation aims to modernize and clarify the retirement system for law enforcement officers and firefighters in Washington State, ensuring that it reflects current practices and provides enhanced benefits and protections for its members.

Statutes affected:
Original Bill: 41.26.010, 41.26.040, 41.26.061, 2.10.155, 6.15.020, 11.96A.220, 28B.15.380, 28B.15.520, 35.21.935, 35A.21.380, 36.28A.010, 41.04.205, 41.04.270, 41.54.010, 41.04.393, 41.04.400, 41.04.405, 41.04.450, 41.04.803, 41.05.320, 41.16.020, 41.16.060, 41.16.145, 41.18.015, 41.18.104, 41.18.210, 41.20.010, 41.20.170, 41.20.175, 41.24.400, 41.32.800, 41.32.802, 41.32.860, 41.32.862, 41.35.060, 41.35.230, 41.37.050, 41.37.180, 41.40.010, 41.40.037, 41.40.059, 41.40.061, 41.40.850, 41.45.010, 41.45.020, 41.45.050, 41.45.060, 41.45.030, 41.48.050, 41.50.030, 41.50.033, 41.50.055, 41.50.080, 41.50.090, 41.50.110, 41.50.112, 41.50.150, 41.50.255, 41.50.500, 41.50.650, 41.50.670, 41.50.700, 41.56.030, 46.52.130, 49.44.160, 51.08.142, 51.32.050, 51.32.067, 72.72.060, 41.45.230
Substitute Bill: 41.26.010, 41.26.040, 41.26.061, 2.10.155, 6.15.020, 11.96A.220, 28B.15.380, 28B.15.520, 35.21.935, 35A.21.380, 36.28A.010, 41.04.205, 41.04.270, 41.54.010, 41.04.393, 41.04.400, 41.04.405, 41.04.450, 41.04.803, 41.05.320, 41.16.020, 41.16.060, 41.16.145, 41.18.015, 41.18.104, 41.18.210, 41.20.010, 41.20.170, 41.20.175, 41.24.400, 41.32.800, 41.32.802, 41.32.860, 41.32.862, 41.35.060, 41.35.230, 41.37.050, 41.37.180, 41.40.010, 41.40.037, 41.40.059, 41.40.061, 41.40.850, 41.45.010, 41.45.020, 41.45.050, 41.45.060, 41.45.030, 41.48.050, 41.50.030, 41.50.033, 41.50.055, 41.50.080, 41.50.090, 41.50.110, 41.50.112, 41.50.150, 41.50.255, 41.50.500, 41.50.650, 41.50.670, 41.50.700, 41.56.030, 46.52.130, 49.44.160, 51.08.142, 51.32.050, 51.32.067, 72.72.060, 41.45.230
Second substitute: 41.26.010, 41.26.040, 41.26.061, 2.10.155, 6.15.020, 11.96A.220, 28B.15.380, 28B.15.520, 35.21.935, 35A.21.380, 36.28A.010, 41.04.205, 41.04.270, 41.54.010, 41.04.393, 41.04.400, 41.04.405, 41.04.450, 41.04.803, 41.05.320, 41.16.020, 41.16.060, 41.16.145, 41.18.015, 41.18.104, 41.18.210, 41.20.010, 41.20.170, 41.20.175, 41.24.400, 41.32.800, 41.32.802, 41.32.860, 41.32.862, 41.35.060, 41.35.230, 41.37.050, 41.37.180, 41.40.010, 41.40.037, 41.40.059, 41.40.061, 41.40.850, 41.45.010, 41.45.020, 41.45.050, 41.45.060, 41.45.030, 41.48.050, 41.50.030, 41.50.033, 41.50.055, 41.50.080, 41.50.090, 41.50.110, 41.50.112, 41.50.150, 41.50.255, 41.50.500, 41.50.650, 41.50.670, 41.50.700, 46.52.130, 49.44.160, 51.08.142, 51.32.050, 51.32.067, 72.72.060, 41.45.230
Engrossed second substitute: 41.26.010, 41.26.040, 41.26.061, 2.10.155, 6.15.020, 11.96A.220, 28B.15.380, 28B.15.520, 35.21.935, 35A.21.380, 36.28A.010, 41.04.205, 41.04.270, 41.54.010, 41.04.393, 41.04.400, 41.04.405, 41.04.450, 41.04.803, 41.05.320, 41.16.020, 41.16.060, 41.16.145, 41.18.015, 41.18.104, 41.18.210, 41.20.010, 41.20.170, 41.20.175, 41.24.400, 41.32.800, 41.32.802, 41.32.860, 41.32.862, 41.35.060, 41.35.230, 41.37.050, 41.37.180, 41.40.010, 41.40.037, 41.40.059, 41.40.061, 41.40.850, 41.45.010, 41.45.020, 41.45.050, 41.45.060, 41.45.030, 41.48.050, 41.50.030, 41.50.033, 41.50.055, 41.50.080, 41.50.090, 41.50.110, 41.50.112, 41.50.150, 41.50.255, 41.50.500, 41.50.650, 41.50.670, 41.50.700, 46.52.130, 49.44.160, 51.08.142, 51.32.050, 51.32.067, 72.72.060, 41.26.720, 41.26.730, 41.26.715, 41.45.230
Bill as passed Legislature: 41.26.010, 41.26.040, 41.26.061, 2.10.155, 6.15.020, 11.96A.220, 28B.15.380, 28B.15.520, 35.21.935, 35A.21.380, 36.28A.010, 41.04.205, 41.04.270, 41.54.010, 41.04.393, 41.04.400, 41.04.405, 41.04.450, 41.04.803, 41.05.320, 41.16.020, 41.16.060, 41.16.145, 41.18.015, 41.18.104, 41.18.210, 41.20.010, 41.20.170, 41.20.175, 41.24.400, 41.32.800, 41.32.802, 41.32.860, 41.32.862, 41.35.060, 41.35.230, 41.37.050, 41.37.180, 41.40.010, 41.40.037, 41.40.059, 41.40.061, 41.40.850, 41.45.020, 41.45.050, 41.48.030, 41.48.050, 41.50.030, 41.50.033, 41.50.055, 41.50.080, 41.50.090, 41.50.110, 41.50.112, 41.50.150, 41.50.255, 41.50.500, 41.50.650, 41.50.670, 41.50.700, 46.52.130, 49.44.160, 51.08.142, 51.32.050, 51.32.067, 72.72.060, 41.45.010, 41.45.060
Session law: 41.26.010, 41.26.040, 41.26.061, 2.10.155, 6.15.020, 11.96A.220, 28B.15.380, 28B.15.520, 35.21.935, 35A.21.380, 36.28A.010, 41.04.205, 41.04.270, 41.54.010, 41.04.393, 41.04.400, 41.04.405, 41.04.450, 41.04.803, 41.05.320, 41.16.020, 41.16.060, 41.16.145, 41.18.015, 41.18.104, 41.18.210, 41.20.010, 41.20.170, 41.20.175, 41.24.400, 41.32.800, 41.32.802, 41.32.860, 41.32.862, 41.35.060, 41.35.230, 41.37.050, 41.37.180, 41.40.010, 41.40.037, 41.40.059, 41.40.061, 41.40.850, 41.45.020, 41.45.050, 41.48.030, 41.48.050, 41.50.030, 41.50.033, 41.50.055, 41.50.080, 41.50.090, 41.50.110, 41.50.112, 41.50.150, 41.50.255, 41.50.500, 41.50.650, 41.50.670, 41.50.700, 46.52.130, 49.44.160, 51.08.142, 51.32.050, 51.32.067, 72.72.060, 41.45.010, 41.45.060