Z-636                 _______________________________________________

                                                   SENATE BILL NO. 4254

                        _______________________________________________

State of Washington                              49th Legislature                              1985 Regular Session

By Senators McDermott and Rasmussen; by Office of Financial Management request

Read first time 2/8/85 and referred to Committee on Ways and Means.

AN ACT Relating to billing for employers' payments to the public employees' retirement system; and amending RCW 41.40.370.

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

        Sec. 1.  Section 38, chapter 274, Laws of 1947 as last amended by section 22, chapter 52, Laws of 1982 1st ex. sess. and RCW 41.40.370 are each amended to read as follows:

          (1) The director shall ascertain and report to each employer the contribution rates necessary to meet present and future pension liabilities of the system for the ensuing biennium or fiscal year, whichever is applicable.  The amount to be so provided shall be computed by applying the rates of contribution as established by RCW 41.40.361 or 41.40.650 to an estimate of the total compensation earnable of all the said employer's members during the period for which provision is to be made.

          (2) Beginning April 1, 1949, or October 1, 1977, as the case may be, the amount to be collected as the employer's contribution shall be computed by applying the applicable rates established by RCW 41.40.361 or 41.40.650 to the total compensation earnable of employer's members as shown on the current payrolls of the said employer.  Each said employer shall compute at the end of each month the amount due for that month and the same shall be paid as are its other obligations.

          (3) In the event of failure, for any reason, of an employer other than a political subdivision of the state to have remitted amounts due for membership service of any of the employer's members rendered during a prior biennium, the director shall bill such employer ((through the director of financial management)) for such employer's contribution together with such charges as the director deems appropriate in accordance with RCW 41.50.120.  Such billing shall be paid by the employer as, and the same shall be, a proper charge against any moneys available or appropriated to such employer for payment of current biennial payrolls.