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LEOFF2 board orders final actuarial briefing on adding standby pay to basic salary
Summary
Board staff reported gaps in employer data about standby-on-call pay and actuaries provided only a range estimate; the board voted to request a final actuarial pricing briefing in December to get a full estimate before considering changing LEOFF2's definition of basic salary.
Board staff presented follow-up work on standby pay at the Nov. 19 meeting, explaining the question before the board: whether standby pay (on-call or standby duty payments) should count as basic salary for LEOFF2 retirement calculations.
Jacob White told the board that the initial actuary pricing offered a range of potential plan impacts between 0…
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