SEATTLE — A measure that would change Washington state constitution to allow the Long-Term Services & Supports Trust Fund — also known as WA Cares — to be invested in equities and other diversified assets is currently passing after an initial round of election returns were released Tuesday evening.
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Currently, the constitution limits how public trust funds can be invested, restricting them mostly to bonds and other fixed-income securities.
WA Cares is funded through a 0.58% payroll deduction and is designed to help Washington workers pay for future long-term care needs such as home health aides, assistance with daily activities, and adaptive equipment.
If approved, the amendment woul

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