WA House bill raids billions from pension plan while lawmakers also pass record tax hikes

The Washington State House approved House Bill 2034 to terminate LEOFF 1, create a new plan and transfer $4.5 billion, prompting sharp criticism from House Republicans and warnings from the LEOFF 1 Coalition about future pension impacts. https://clarkcountytoday.com/news/wa-house-bill-raids-billions-from-pension-plan-while-lawmakers-also-pass-record-tax-hikes/ #WashingtonState #Politics #LEOFF1 #HouseBill2034 #StatePensions #TheCenterSquare