"It almost seems like elder abuse in a way."
Former Congressman and retired King County Sheriff Dave Reichert, reacting to a new Washington state law that would sweep nearly $4 billion in surplus funds from a pension account held by about 5,900 retired police officers and firefighters to help cover the state's budget shortfall. Reichert, who lost the 2024 governor's race to the same governor who signed the bill, is a lead plaintiff in a federal lawsuit filed April 30 arguing the move is unconstitutional and leaves retirees' benefits dangerously exposed to market risk. (Washington State Standard)