RCW 41.50.005
Policy and intent.
The legislature sets forth as retirement policy and intent:
(1) The retirement systems of the state shall provide similar benefits wherever possible.
(2) Persons hired into eligible positions shall accrue service credit for all service rendered.
(3) The calculation of benefits shall be done in such a manner as to prevent the arithmetic lowering of benefits.
(4) Liberalization of the granting of service credit shall not jeopardize part-time employment of retirees in ineligible positions.
[ 1991 c 343 § 2.]
NOTES:
Findings—1991 c 343: "The legislature finds:
(1) There is a dichotomy in the provision of service credit within the major two retirement systems of the state. Within plan 1 of the public employees' retirement system, credit is given in whole months upon completing seventy hours per month. Within plan 1 of the teachers' retirement system, full annual service credit is given for full-time employment of four-fifths or more of a school year and partial annual service credit is given for employment of less than four-fifths of a school year but more than twenty days in a school year. Plan 2 of both the public employees' and teachers' retirement systems' full monthly service credit is based on completing ninety hours in each month.
(2) There is an expressed interest by public employers in encouraging job-sharing or tandem positions wherein two persons perform one job. This is seen as opening up job opportunities for those persons who have family responsibilities prohibiting full-time employment." [ 1991 c 343 § 1.]
Effective dates—1991 c 343: "(1) Sections 3 through 11 and 14 through 18 of this act shall take effect September 1, 1991.
(2) The remainder of this act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect July 1, 1991." [ 1991 c 343 § 19.]
Structure Revised Code of Washington
Title 41 - Public Employment, Civil Service, and Pensions
Chapter 41.50 - Department of Retirement Systems.
41.50.005 - Policy and intent.
41.50.020 - Department of retirement systems—Created—Director.
41.50.033 - Crediting interest to retirement system accounts.
41.50.040 - Manner of selection and terms of transferred board members not affected.
41.50.050 - Powers, duties, and functions of director.
41.50.060 - Delegation of powers, duties, and functions—Director's responsibilities.
41.50.065 - Accumulated service credit—Annual notification to members.
41.50.075 - Funds established.
41.50.077 - State treasurer is custodian of funds.
41.50.080 - Investment of funds of various systems.
41.50.085 - Investments in accordance with established standards.
41.50.088 - Duties of director—Retirement investments.
41.50.112 - Report of member data—Department-designed format.
41.50.120 - Payment of moneys due department by employers—Interest.
41.50.125 - Interest on contributions—Department may charge.
41.50.130 - Correction of retirement systems' records—Adjustment in payment of benefits—Limitations.
41.50.131 - Correction of errors in reporting compensation earnable.
41.50.132 - Correction of erroneous deduction or pickup of contributions.
41.50.135 - Collection of overpayments—Determination of liability—Administrative process created.
41.50.136 - Collection of overpayments—Issuance of warrant—Lien.
41.50.137 - Collection of overpayments—Department may issue subpoenas.
41.50.138 - Collection of overpayments—Waiver of overpayment.
41.50.139 - Retirement status reports—Overpayments—Employer obligations.
41.50.145 - Plan 3—Loss of investment return due to error—Liability.
41.50.152 - Payment of excess compensation—Public notice requirements.
41.50.155 - Erroneous withdrawals of contributions—Restoration.
41.50.160 - Restoration of withdrawn contributions.
41.50.165 - Establishing, restoring service credit—Conditions.
41.50.170 - Notification of restoration rights.
41.50.175 - Adoption of rules.
41.50.180 - Inactive accounts—Identification, closing, and refund.
41.50.200 - Subdivision of retirement system funds.
41.50.205 - Records—Teachers' retirement system annual report.
41.50.215 - Teachers' retirement system funds—Annual interest to be credited.
41.50.220 - Trustees, employees not to guarantee loans.
41.50.230 - Employer reports to department.
41.50.235 - Teachers' retirement system salary deductions.
41.50.240 - Duties of payroll officer.
41.50.255 - Payment of legal and medical expenses of retirement systems.
41.50.260 - Public employees' retirement system funds created.
41.50.270 - Transmittal of total of public employees' retirement system members' deductions.
41.50.290 - Shared work programs—Effect of employer's participation.
41.50.500 - Mandatory assignment of retirement benefits—Definitions.
41.50.510 - Mandatory assignment of retirement benefits—Remedies—Applicability.
41.50.520 - Mandatory assignment of retirement benefits—Other remedies not limited.
41.50.540 - Mandatory assignment of retirement benefits—Notice to obligor.
41.50.560 - Mandatory assignment of retirement benefits—Petition for order.
41.50.570 - Mandatory assignment of retirement benefits—Issuance of order.
41.50.580 - Mandatory assignment of retirement benefits—Order—Contents.
41.50.590 - Mandatory assignment of retirement benefits—Order—Form.
41.50.600 - Mandatory assignment of retirement benefits—Duties of department.
41.50.610 - Mandatory assignment of retirement benefits—Order—Answer—Form.
41.50.620 - Mandatory assignment of retirement benefits—Order—Service.
41.50.640 - Mandatory assignment of retirement benefits—Award of costs to prevailing party.
41.50.650 - Payments pursuant to court orders entered under prior law.
41.50.660 - Mandatory assignment of retirement benefits—Rules.
41.50.670 - Property division obligations—Direct payments pursuant to court order.
41.50.680 - Property division obligations—Processing fee.
41.50.720 - Payment of benefits—Restraining orders.
41.50.730 - Retirement or termination agreement payments—Effect on pension benefits calculation.
41.50.740 - Retirement or termination agreement payments—Opportunity to change payment options.
41.50.750 - Retirement or termination agreement payments—Overpayments not required to be repaid.
41.50.760 - Cost-of-living adjustments—Alternative calculation—Election.
41.50.770 - Deferred compensation plans.
41.50.790 - Survivor benefits—Dissolution orders.
41.50.800 - Apportionment of budgeted funds of affected agencies.
41.50.801 - Continuation of rules, pending business, contracts, investments, etc.
41.50.802 - Transfer of reports, documents, etc., property, funds, assets, appropriations, etc.
41.50.810 - Blind mailings to retirees—Restrictions.
41.50.901 - Effective date—1987 c 326.
41.50.902 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.