The law enforcement
officers' and firefighters' retirement system plan 2 is currently
subject to policymaking by the legislature's joint committee on
pension policy with ratification by the members of the
legislature and is administered by the department of retirement
systems.
Members of the plan have no direct input into the management
of their retirement program. Forty-six other states currently
have member representation in their pension management. Chapter
2, Laws of 2003 is intended to give management of the retirement
program to the people whose lives are directly affected by it and
who provide loyal and valiant service to ensure the health,
safety, and welfare of the citizens of the state of Washington.
[2003 c 2 § 1 (Initiative Measure No. 790, approved November 5, 2002).]