H-1711.1                  _______________________________________________

                                                      HOUSE BILL 2028

                              _______________________________________________

State of Washington                              53rd Legislature                             1993 Regular Session

By Representatives Orr and Wolfe

Read first time 02/22/93.  Referred to Committee on Appropriations.

Requiring notice to retirement system members who are eligible to restore contributions.

          AN ACT Relating to notification to employees of ability to restore withdrawn retirement system contributions; adding a new section to chapter 41.50 RCW; and creating a new section.

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

NEW SECTION. Sec. 1.  A new section is added to chapter 41.50 RCW to read as follows:

          The director shall notify a member of any of the retirement systems listed in RCW 41.50.030 who is eligible to restore withdrawn contributions of the member's ability to restore the contributions, by sending to the member's employer a statement of the potential service credit to be restored, the amount of funds required for restoration, the date by when the restoration must be accomplished, and the options for repayment.  The employer shall provide the statement to the member and place a copy of the statement in the member's personnel file.

NEW SECTION. Sec. 2.  If specific funding for the purposes of this act, referencing this act by bill number, is not provided by June 30, 1993, in the biennial appropriations act, this act shall be null and void.

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