Introduced by Sen. Mike Hewitt (Walla Walla) (R) on March 11, 2005
To establish a minimum 2.75 percent contribution as part of the basic state and employer contribution rate for the public employees' retirement system, the public safety employees' retirement system, the school employees' retirement system, and the teachers' retirement system to be used for the sole purpose of amortizing the unfunded actuarial accrued liability in the public employees' retirement system plan 1. Takes effect July 1, 2009. Official Text and Analysis.
Referred to the Senate Ways & Means Committee on March 11, 2005