RCW 41.45.120
Pension funding work group.
(1) A pension funding work group is hereby created. The work group shall consist of one staff member selected by the executive head or chairperson of each of the following agencies or committees:
(a) Department of retirement systems;
(b) Office of financial management;
(c) State investment board;
(d) Ways and means committee of the senate;
(e) Appropriations committee of the house of representatives; and
(f) Economic and revenue forecast council.
(2) The state actuary shall make available to the work group information related to economic assumptions and contribution rates.
(3) The pension funding work group shall provide support to the pension funding council. Meetings of the pension funding work group may be called by any member of the group for the purpose of assisting the pension funding council, reviewing actuarial valuations of the state retirement systems, reviewing economic assumptions, or for any other purpose which may assist the pension funding council.
(4) Recommendations from both affected employee and employer groups will be actively sought during the work group process. The work group shall conduct an open public meeting on these recommendations.
[ 1998 c 283 § 4.]
Structure Revised Code of Washington
Title 41 - Public Employment, Civil Service, and Pensions
Chapter 41.45 - Actuarial Funding of State Retirement Systems.
41.45.061 - Required contribution rates for plan 2 members.
41.45.062 - Annual contribution rate increases—Employer, state, and plan 2 members.
41.45.0631 - Washington state patrol retirement system—Contribution rates—Allocation of costs.
41.45.070 - Supplemental rate.
41.45.080 - Additional contributions may be required.
41.45.090 - Collection of actuarial data.
41.45.100 - Pension funding council—Created.
41.45.110 - Pension funding council—Audits required—Select committee on pension policy.
41.45.120 - Pension funding work group.
41.45.150 - Unfunded liabilities—Employer contribution rates.
41.45.155 - Certain plans 2 and 3 normal costs—Minimum basic employer contribution rates.
41.45.158 - Certain plans 2 and 3 normal costs—Minimum member contribution rates.
41.45.200 - Contribution rates for certain justices and judges—Public employees' retirement system.
41.45.203 - Contribution rates for certain justices and judges—Teachers' retirement system.