December 21st 2024
IT'S YOUR MONEY!
The time has come to set the record straight. . .
The LEOFF I Coalition is convinced of one thing:
"Any and all money in the LEOFF I Retirement System is the EXCLUSIVE PROPERTY of the LEOFF I System members and beneficiaries!"
All contributions to the LEOFF 1 System have come directly from law enforcement officers and fire fighters, as a result of their EMPLOYMENT CONTRACT to serve and protect the public.
Any attempt to steal, transfer or otherwise appropriate LEOFF I funds is a breach of contract and a PROMISE BROKEN to those who have faithfully served the public.
SB 6166 or similar legislation which would confiscate the LEOFF I funds is a tragic precedent that will forever nullify the integrity of any and all public pensions.
The LEOFF I Coalition consists of member organizations representing some 9,400 LEOFF I members and beneficiaries.