Conway picked to head pension policy committee

April 19th, 2018|

OLYMPIA – Sen. Steve Conway, D-South Tacoma, was chosen on Tuesday by his colleagues to again chair Washington’s Select Committee on Pension Policy.

The committee, which meets while the Legislature is not in session, studies issues affecting the state’s public employee retirement systems and makes recommendations to the Legislature regarding changes.

“I’m honored to return to the helm of this committee at such an important time for pension policy,” Conway said. “It’s extremely important that we ensure the ongoing financial stability of our pension systems and I look forward to working with my colleagues in the coming months to identify the best ways to do that and keep the promise we’ve made to our state and local public employees.”

Leadership rotates annually between the Senate and the House. Conway, who had been serving as vice chair, previously chaired the committee from 2016 to 2017.

Conway has been active on pension issues. Most recently, during the 2018 legislative session, he helped secure passage of Senate Bill 6340, which in July will give some 72,000 retired public employees and teachers in Plan 1 of the state’s PERS and TRS pension plans a one-time, 1.5 percent cost of living adjustment.