WA HB2125

Removes the temporary 2025-2027 fiscal biennium limitation on paying administrative expenses from retirement system trust fund interest earnings, making this authority permanent

Applies to eight state retirement systems: public employees', teachers', Washington state patrol, judicial, judges', school employees', public safety employees', and law enforcement officers' and firefighters' retirement systems

Authorizes the director to pay legal, medical, and administrative expenses from trust fund interest earnings when those expenses protect trust funds or comply with governing statutes

Defines administrative expenses to include audits, cybersecurity, petition decisions, attorney general liaison work, and other loss-prevention activities

Permits use of trust fund interest earnings to investigate fraud and recover overpayments, with recovered funds returned to the appropriate trust fund