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Committee hears bill to let volunteer firefighters join state deferred compensation plan
Summary
The Appropriations Committee held a public hearing on House Bill 1156, which would allow volunteer firefighters to participate in Washington state's deferred compensation program if their firefighting agency opts in.
The Appropriations Committee held a public hearing on House Bill 1156, which would allow volunteer firefighters to participate in Washington state's deferred compensation program if their firefighting agency joins the program.
House Bill 1156 was presented to the committee by David Pringle, staff to the committee, who described the state deferred compensation program as a 457 plan administered by the Department of Retirement Systems (DRS) under Internal Revenue Code section 457. Pringle…
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