Select Committee launches LEOFF 1 merger/termination study; retirees and stakeholder groups urge opposing paths
Committee staff launched a budget-proviso study of a proposed LEOFF 1 merger and of a termination option and described the timeline and required legal, tax, actuarial and administrative analyses; public testimony overwhelmingly opposed transferring LEOFF 1 funds to the state treasury.
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Committee staff introduced a mandated study of two legislative approaches related to LEOFF 1 — a merger and a termination — during the Select Committee on Pension Policy’s June 17, 2025 meeting and described the study timeline, participants and requested analyses.
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