f2c7e9a0_2011_Legislative_Session__Title
[House Bill Number] *SHB 2021 [Title] 
Eliminating the Plan 1 Annual Adjustment for Certain PERS and TRS Retirees Governor request bill. This bill eliminates an automatic annual benefit increase for retirees/beneficiaries in Plan 1 of the Public Employees' Retirement System (PERS) and Teachers' Retirement System (TRS) after June 30, 2011. This bill does not reduce retirement allowances below the amounts in effect on July 1, 2010; nor does it impact the existing minimum retirement benefits. This bill also lowers the minimum employer contribution rates for the unfunded liability in both plans, and increases the Adjusted Minimum Benefit limit to $1,545 per month.
2011 Legislative Session
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