H-500                _______________________________________________

 

                                                   HOUSE BILL NO. 1381

                        _______________________________________________

 

State of Washington                              49th Legislature                              1986 Regular Session

 

By Representatives Smitherman and Barnes

 

 

Prefiled with Chief Clerk 1/10/86.  Read first time 1/13/86 and referred to Committee on Ways & Means.

 

 


AN ACT Relating to employer retirement contributions; and adding a new section to chapter 43.88 RCW.

 

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

 

          NEW SECTION.  Sec. 1.  A new section is added to chapter 43.88 RCW to read as follows:

          Any appropriation act that provides for increases in state employee salaries shall also include an appropriation for the related cost of employer retirement contributions at the rate recommended by the department of retirement systems based on actuarial valuation.