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

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

Published 1 month, 1 week ago
Description

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://www.clarkcountytoday.com/news/wa-house-bill-raids-billions-from-pension-plan-while-lawmakers-also-pass-record-tax-hikes/ #WashingtonState #Politics #LEOFF1 #HouseBill2034 #StatePensions #TheCenterSquare

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