SB 5332-S - DIGEST
(AS OF SENATE 2ND READING 3/11/2009)

Requires the select committee on pension policy to form a function-specific subcommittee with certain members that shall focus, within the amounts specifically appropriated by the legislature to support its activities, on pension issues affecting Washington state patrol retirement system members.

Requires the department of retirement systems to compute a monthly proportion of any amount specifically appropriated by the legislature to support the activities of the subcommittee, and to include the monthly proportion, plus the costs of the department to administer this requirement, on the bill submitted from the department to the Washington state patrol under section 2(3) of the act.

Requires the Washington state patrol, by means of proportionate payroll deductions, to recoup from members of the Washington state patrol retirement system an amount that is sufficient to fully cover the amounts identified by the department and the administrative costs of the Washington state patrol.

Provides that the act is null and void if appropriations are not approved.