Rep. Manweller appointed to Select Committee on Pension Policy
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Rep. Manweller appointed to Select Committee on Pension Policy
Thirteenth District Rep. Matt Manweller has been appointed to the Select Committee on Pension Policy by Speaker of the House Frank Chopp.
“I am pleased to be part of this committee and look forward to working on solutions to strengthen the state's pension system,” said Manweller, R-Ellensburg. “We owe it to our retirees that the pension system is financially stable, but we also need to examine ways to lower costs or make the system more efficient. The pension system is a big part of our operating budget.”
The Select Committee on Pension Policy studies pension issues and policies affecting the state's public employee retirement systems and makes recommendations to the Legislature. The committee looks at specific areas of interest including contribution rate setting, retirement eligibility requirements, pension funding methods and balanced long-term management. The committee also receives the results of actuarial audits administered by the Pension Funding Council and reviews and makes recommendations to the Pension Funding Council regarding changes to retirement assumptions or contribution rates.
Legislative members serve from the close of the session in which they are appointed, until the close of the next regular session held in an odd-numbered year. If a successor is not appointed during a session, the member's term continues until the member is reappointed or a successor is appointed.
