H-4101              _______________________________________________

                                                   HOUSE BILL NO. 1789

                        _______________________________________________

State of Washington                              49th Legislature                              1986 Regular Session

By Representatives Unsoeld, Grimm, Belcher, Vekich, Basich, Leonard, D. Nelson, R. King, Fisch, Rayburn, Baugher, Dellwo, Ebersole, Winsley, Miller, Allen, Wineberry, McMullen, Niemi, G. Nelson, Jacobsen, Gallagher, Todd and P. King

Read first time 1/23/86 and referred to Committee on Ways & Means.

AN ACT Relating to public retirement allowances; adding a new section to chapter 41.32 RCW; and adding a new section to chapter 41.40 RCW.

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

NEW SECTION. Sec. 1.  A new section is added to chapter 41.32 RCW to read as follows:

          Notwithstanding any provision of law to the contrary, effective July 1, 1986, no beneficiary receiving a retirement allowance under this chapter based on at least twenty years of service credit and who commenced receiving the allowance on or before April 24, 1973, shall receive, as the pension portion of that retirement allowance, less than twenty dollars per month for each year of service creditable to the person whose service is the basis of the pension.  Portions of a year shall be treated as fractions of a year and the decimal equivalent shall be multiplied by twenty dollars.  Where the pension payable was adjusted at the time benefit payments to the beneficiary commenced, the minimum pension provided in this section shall be adjusted in a manner consistent with that adjustment.

NEW SECTION. Sec. 2.  A new section is added to chapter 41.40 RCW to read as follows:

          Notwithstanding any provision of law to the contrary, effective July 1, 1986, no beneficiary receiving a retirement allowance under this chapter based on at least twenty years of service credit and who commenced receiving the allowance on or before February 25, 1972, shall receive, as the pension portion of that retirement allowance, less than twenty dollars per month for each year of service creditable to the person whose service is the basis of the pension.  Portions of a year shall be treated as fractions of a year and the decimal equivalent shall be multiplied by twenty dollars.  Where the pension payable was adjusted at the time benefit payments to the beneficiary commenced, the minimum pension provided in this section shall be adjusted in a manner consistent with that adjustment.