H-0872.2                  _______________________________________________

 

                                                      HOUSE BILL 1750

                              _______________________________________________

 

State of Washington                              53rd Legislature                             1993 Regular Session

 

By Representatives Leonard, Basich and Flemming

 

Read first time 02/08/93.  Referred to Committee on Appropriations.

 

Allowing service in a private school to count as service credit for the purpose of determining the time at which a member may retire.


          AN ACT Relating to retirement service credit for service in private schools; and amending RCW 41.32.065.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

        Sec. 1.  RCW 41.32.065 and 1991 c 278 s 1 are each amended to read as follows:

          A member may elect under this section to apply service credit earned in an out-of-state retirement system that covers teachers in public schools or periods of service as a teacher for a private school within the state solely for the purpose of determining the time at which the member may retire.  The benefit shall be actuarially reduced to recognize the difference between the age a member would have first been able to retire based on service in the state of Washington and the member's retirement age.

 


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