Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateWashingtonIntroduced
SB 5862: Providing a cost-of-living adjustment for plan 1 retirees of the teachers' retirement system and public employees' retirement system.
Perry Dozier
SB 5862 status: Introduced — Effective date 7/1/2026 (updated Mar 30, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
Not enough information
Score:Not enough information
Risk:Moderate Risk
Impact:Moderate Impact 50/100
Constitutionality90%
Bipartisan70%
Public opinion80%
Bill summary
What changes
The bill provides a cost-of-living adjustment (COLA) for retired teachers and public employees enrolled in Plan 1 of the Teachers' Retirement System (TRS) and Public Employees' Retirement System (PERS).
Who is affected
Plan 1 retirees of the Teachers' Retirement System and Public Employees' Retirement System.
Requirements and enforcement
Not stated in the available source.
Costs and funding
The specific fiscal cost to the state is not disclosed in the provided summary.
When it takes effect
The bill establishes an effective date of 7/1/2026.
Potential benefits
Beneficiaries will see an increase in monthly pension payments to help offset inflation.
Risks and tradeoffs
Potential impact on the sustainability of state pension funds and lack of a stated funding source for the adjustments.
What is still unknown
The exact percentage of the adjustment, the total number of affected retirees, and the total cost to the state budget.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
60%
Benefits
- Increases monthly pension payouts for retirees
- Offsets inflationary erosion of fixed income
- Improves financial stability for elderly beneficiaries
Risks
- Increases long-term pension fund liabilities
- Requires potential future state funding or tax adjustments
- Risk of reducing the overall solvency of the pension fund
Society
Positive outlook
65%
Benefits
- Provides relief to retired teachers
- Supports long-term public servants in retirement
- Reduces poverty risk for seniors on fixed incomes
Risks
- Excludes retirees not enrolled in Plan 1
- Potential for perceived inequity between different retirement plans
- Does not address broader pension system sustainability
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
Not enough information
Not enough information to score this sector.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Public Health & Safety
Not enough information
Not enough information to score this sector.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
LegiScan returned a PDF-only document. PDF extraction is not enabled in this build, so the pipeline used a safer fallback.
Analysis scope
Source provided is a brief summary only
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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