Commissioners heard work‑group recommendations to prorate benefits for people who move to Washington at age 55+ and to allow out‑of‑state Washington workers to elect portable coverage. Milliman estimated a combined long‑run required‑premium impact of about 0.5–1 basis point and cautioned about adverse selection and administrative expense assumptions.

At an informational hearing on SB 282, staff and outside witnesses described a proposed defined‑contribution plan (CRISP) that would be available to new hires and offer a one‑time election for current KPERS members. Supporters praised portability and lower taxpayer risk; opponents and committee members raised liquidity and transition concerns and a