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 successful state funds, like pensions for firefighters and law enforcement.

Measure 8201 allows the fund to be invested in a diversified portfolio, including market-based securities, which financial experts predict could generate an additional $67 billion more over the next 50 years. That’s a conservative estimate — historically, the Washington State

See Full Page