Consolidating the public employees' benefits board and the school employees' benefits board.

SB 5086 merges the Public Employees' Benefits Board and the School Employees' Benefits Board into a single "Washington Employees and Retirees Benefits Board" for administrative purposes. This change affects state employees (including government workers, judges, and legislators) and school employees (such as district staff and charter school workers) by consolidating governance under one board entity. The bill updates legal references to reflect this consolidation, ensuring both groups' benefits programs are managed under a unified structure without altering existing benefit eligibility or coverage.