S-1206               _______________________________________________

                                                   SENATE BILL NO. 5483

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State of Washington                              50th Legislature                              1987 Regular Session

By Senators Patterson and Metcalf

Read first time 1/30/87 and referred to Committee on Ways & Means.

AN ACT Relating to higher education retirement benefits; and adding a new section to chapter 28B.10 RCW.

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

NEW SECTION. Sec. 1.  A new section is added to chapter 28B.10 RCW to read as follows:

          A faculty member or other employee designated by the boards of regents of the state universities, the boards of trustees of the regional universities and The Evergreen State College, or the state board for community college education who is granted an authorized leave of absence without pay for the purpose of entering into a personal service contract with an agency of the United States government, an agency of a foreign power, the United Nations, or a nonprofit organization, may apply the period of time involved in the leave of absence and the compensation earned while on the leave of absence in the computation of benefits used in any annuity and retirement plan authorized by this chapter if the contributions required by RCW 28B.10.405 and 28B.10.410, based on the compensation earned while on the leave of absence, are paid to the institution.