Revised Code of Washington
Chapter 41.50 - Department of Retirement Systems.
41.50.152 - Payment of excess compensation—Public notice requirements.

RCW 41.50.152
Payment of excess compensation—Public notice requirements.

(1) Except as limited by subsection (3) of this section, the governing body of an employer under chapter 41.32, 41.35, 41.37, or 41.40 RCW shall comply with the provisions of subsection (2) of this section prior to executing a contract or collective bargaining agreement with members under chapter 41.32, 41.35, 41.37, or 41.40 RCW which provides for:
(a) A cash out of unused annual leave in excess of two hundred forty hours of such leave. "Cash out" for purposes of this subsection means any payment in lieu of an accrual of annual leave or any payment added to regular salary, concurrent with a reduction of annual leave;
(b) A cash out of any other form of leave;
(c) A payment for, or in lieu of, any personal expense or transportation allowance;
(d) The portion of any payment, including overtime payments, that exceeds twice the regular rate of pay; or
(e) Any other termination or severance payment.
(2) Any governing body entering into a contract that includes a compensation provision listed in subsection (1) of this section shall do so only after public notice in compliance with the open public meetings act, chapter 42.30 RCW. This notification requirement may be accomplished as part of the approval process for adopting a contract in whole, and does not require separate or additional open public meetings. At the public meeting, full disclosure shall be made of the nature of the proposed compensation provision, and the employer's estimate of the excess compensation billings under RCW 41.50.150 that the employing entity would have to pay as a result of the proposed compensation provision. The employer shall notify the department of its compliance with this section at the time the department bills the employer under RCW 41.50.150 for the pension impact of compensation provisions listed in subsection (1) of this section that are adopted after July 23, 1995.
(3) The requirements of subsection (2) of this section shall not apply to the adoption of a compensation provision listed in subsection (1) of this section if the compensation would not be includable in calculating benefits under chapter 41.32, 41.35, 41.37, or 41.40 RCW for the employees covered by the compensation provision.

[ 2004 c 242 § 48; 1998 c 341 § 510; 1995 c 387 § 1.]
NOTES:

Effective date—2004 c 242: See RCW 41.37.901.


Effective date—1998 c 341: See RCW 41.35.901.

Structure Revised Code of Washington

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.

41.50.010 - Definitions.

41.50.020 - Department of retirement systems—Created—Director.

41.50.030 - Transfer of powers, duties, and functions of certain systems, administrators, and committees to department of retirement systems.

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.

41.50.055 - Director of retirement systems to administer Washington law enforcement officers' and firefighters' retirement system—Duties.

41.50.060 - Delegation of powers, duties, and functions—Director's responsibilities.

41.50.065 - Accumulated service credit—Annual notification to members.

41.50.070 - Personnel.

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.

41.50.090 - Department succeeds to and vested with transferred powers, duties, and functions—Boards to be kept informed—Approval of rules—Disability benefit applications.

41.50.110 - Expenses of administration paid from department of retirement systems expense fund—Administrative expense fee.

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.

41.50.133 - Recovery of certain overpayments to surviving beneficiaries under the teachers' retirement system.

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.

41.50.140 - Cooperation of employers in administration of systems—Employer contributions for retroactive service credit—Employee contributions paid by employer.

41.50.145 - Plan 3—Loss of investment return due to error—Liability.

41.50.150 - Retirement benefits based on excess compensation—Employer liable for extra retirement costs.

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.

41.50.210 - Medical director.

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.

41.50.265 - Public employees' retirement system funds—Report of the state treasurer—Members may receive reports and statements.

41.50.270 - Transmittal of total of public employees' retirement system members' deductions.

41.50.280 - Higher education retirement plan supplemental beneficiaries—Department assumption of responsibility for making benefit payments.

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.

41.50.530 - Mandatory assignment of retirement benefits—Proceeding to enforce spousal maintenance—Venue—Jurisdiction.

41.50.540 - Mandatory assignment of retirement benefits—Notice to obligor.

41.50.550 - Mandatory assignment of retirement benefits—Withdrawal of accumulated contributions—Notice to obligee—Payment to obligee.

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.

41.50.630 - Mandatory assignment of retirement benefits—Hearing to quash, modify, or terminate order.

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.

41.50.690 - Property division obligations—Obligee entitled to statement of obligor's retirement benefits—When.

41.50.700 - Property division obligations—Cessation upon death of obligee or obligor—Payment treated as deduction from member's periodic retirement payment.

41.50.710 - Property division obligations—Remedies exclusive—Payment pursuant to court order defense against claims.

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.

41.50.780 - Deferred compensation principal and administrative accounts created—Participation in deferred compensation plans—Department's duties.

41.50.785 - Money-purchase retirement savings principal and administrative accounts created—Participation in money-purchase retirement savings plans—Department's duties.

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.

41.50.803 - Savings.

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.