US EditionMeasure 8201 Lets WA Invest Long-Term Care Funds Wisely
Measure 8201 is projected to generate an additional $67 billion over 50 years, ensuring sustainable growth and protecting taxpayer funds for long-term care services.
- This year, Measure 8201 was approved by a bipartisan supermajority in Olympia, allowing the Washington State Investment Board to invest Long-Term Care Trust Fund reserves in diversified securities.
- Supporters framed Measure 8201 as a fiscally responsible move, and a broad coalition including Washington State Nurses Association and Washington State Council of Firefighters urged approval this year.
- The Washington State Investment Board manages over $200 billion and averaged 8.1% returns over 25 years, outperforming fixed-income by at least 3%, with more than 4 million contributors.
- Measure 8201 is projected to generate an additional $67 billion over the next 50 years, sustaining the trust and keeping premiums affordable without costing taxpayers more.
- Measure 8201 also enshrines a 100% restriction on investment income use, ensuring funds support long-term care for vulnerable seniors and people with disabilities, Senator John Braun said.
13 Articles
13 Articles
Measure 8201 lets WA invest long-term care funds wisely | Bothell-Kenmore Reporter
Whether you support the Long-Term Care Trust Fund or not, it’s critical that we manage its reserves wisely. This year, Democrats and Republicans came together in Olympia to support a common sense measure that protects taxpayers and ensures Washington’s Long-Term Care Trust Fund is managed responsibly. Measure 8201, approved by a bipartisan supermajority of legislators, will align the Long-Term Care Trust Fund’s investment strategy with other suc…
Snoqualmie Valley Record
Measure 8201 lets WA invest long-term care funds wisely
Whether you support the Long-Term Care Trust Fund or not, it’s critical that we manage its reserves wisely. This year, Democrats and Republicans came together in Olympia to support a common sense measure that protects taxpayers and ensures Washington’s Long-Term Care Trust Fund is managed responsibly. Measure 8201, approved by a bipartisan supermajority of legislators, will align the Long-Term Care Trust Fund’s investment strategy with other suc…
Measure 8201 lets WA invest long-term care funds wisely | Courier-Herald
Whether you support the Long-Term Care Trust Fund or not, it’s critical that we manage its reserves wisely. This year, Democrats and Republicans came together in Olympia to support a common sense measure that protects taxpayers and ensures Washington’s Long-Term Care Trust Fund is managed responsibly. Measure 8201, approved by a bipartisan supermajority of legislators, will align the Long-Term Care Trust Fund’s investment strategy with other suc…
Measure 8201 lets WA invest long-term care funds wisely | Covington-Maple Valley Reporter
Whether you support the Long-Term Care Trust Fund or not, it’s critical that we manage its reserves wisely. This year, Democrats and Republicans came together in Olympia to support a common sense measure that protects taxpayers and ensures Washington’s Long-Term Care Trust Fund is managed responsibly. Measure 8201, approved by a bipartisan supermajority of legislators, will align the Long-Term Care Trust Fund’s investment strategy with other suc…
Measure 8201 lets WA invest long-term care funds wisely | Vashon-Maury Island Beachcomber
Whether you support the Long-Term Care Trust Fund or not, it’s critical that we manage its reserves wisely. This year, Democrats and Republicans came together in Olympia to support a common sense measure that protects taxpayers and ensures Washington’s Long-Term Care Trust Fund is managed responsibly. Measure 8201, approved by a bipartisan supermajority of legislators, will align the Long-Term Care Trust Fund’s investment strategy with other suc…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
