Washington legislation · 2025-26 Regular Session
Washington SB5834: Retirement funds/expenses
Status: Signed into law, March 16, 2026
Concerning payment of expenses from the earnings of retirement system trust funds.
What the bill says
An act Relating to payment of expenses from the earnings of retirement system trust funds; and amending RCW 41.50.255.
From the enrolled text:
AN ACT Relating to payment of expenses from the earnings of retirement system trust funds; and amending RCW 41.50.255. Sec. 1. RCW 41.50.255 and 2025 c 424 s 943 are each amended to read as follows: (1) The director is authorized to pay from the interest earnings of the trust funds of the public employees' retirement system, the teachers' retirement system, the Washington state patrol retirement system, the Washington judicial retirement system, the judges' retirement system, the school employees' retirement system, the public safety employees' retirement system, or the law enforcement officers' and firefighters' retirement system lawful obligations of the appropriate system for legal((,))and medical((, and, during the 2025-2027 fiscal biennium, administrative)) expenses, which expenses are primarily incurred for the purpose of protecting ((or preventing losses from)) the appropriate trust fund or are incurred in compliance with statutes governing such funds. (2) The term "legal expense" includes, but is not limited to, legal services provided through the legal services revolving fund, fees for expert witnesses, travel expenses, fees for court reporters, cost of transcript preparation, and reproduction of documents. (3) The term "medical expense" includes, but is not limited to, expenses for the medical examination or reexamination of members or retirees, the costs of preparation of medical reports, and fees charged by medical professionals for attendance at discovery proceedings or …
Sponsors
- Steven Conway (D) · primary sponsor
- T'wina Nobles (D)
Latest actions
- : Effective date 6/11/2026.
- : Chapter 68, 2026 Laws.
- : Governor signed.
- : Delivered to Governor.
- : Speaker signed.
- : President signed.
- : Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
- : Rules suspended. Placed on Third Reading.
- : Rules Committee relieved of further consideration. Placed on second reading.
- : Referred to Rules 2 Review.
Votes
- 3rd Reading & Final Passage (March 4, 2026): 97 yea, 0 nay, passed
- House Committee on Appropriations: Do pass (February 27, 2026): 30 yea, 0 nay, passed
- 3rd Reading & Final Passage (February 11, 2026): 49 yea, 0 nay, passed
- Senate Committee on Ways & Means: That Substitute Senate Bill No. 5834 be substituted therefor, and the substitute bill do pass (February 3, 2026): 21 yea, 0 nay, passed
Subjects: RETIREMENT AND PENSIONS
Common questions
- What is SB5834?
- SB5834 is a bill in the Washington Legislature (2025-26 Regular Session): Retirement funds/expenses.
- What does SB5834 do?
- In its own words: An act Relating to payment of expenses from the earnings of retirement system trust funds; and amending RCW 41.50.255.
- What is the status of SB5834?
- Signed into law as of March 16, 2026. Latest action: Effective date 6/11/2026. (March 16, 2026).
- Who sponsored SB5834?
- Steven Conway (D), with 1 co-sponsor.
- Where is the official record for SB5834?
- On the Washington Legislature website: https://app.leg.wa.gov/billsummary?BillNumber=5834&Year=2025
Source: official Washington record. Tracked by Delilah, AI for legislation across all 50 states and Congress.