WSR 03-22-024

PERMANENT RULES

BOARD FOR VOLUNTEER

FIREFIGHTERS AND RESERVE OFFICERS

[ Filed October 27, 2003, 11:10 a.m. , effective January 1, 2004 ]

     Date of Adoption: October 23, 2003.

     Purpose: Amending chapter 491-02 WAC to adopt new actuarial tables for use in calculating joint survivor pensions, survivor pensions, and lump sum settlements for pensions.

     Citation of Existing Rules Affected by this Order: Amending chapter 491-02 WAC.

     Statutory Authority for Adoption: RCW 41.24.290(2).

      Adopted under notice filed as WSR 03-19-095 on September 15, 2003.

     Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.

     Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.

     Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 1, Repealed 0.

     Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.

     Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0;      Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 0, Repealed 0.
     Effective Date of Rule: January 1, 2004.

October 27, 2003

Brigette K. Smith

Executive Secretary

OTS-6535.2


AMENDATORY SECTION(Amending WSR 99-21-052, filed 10/18/99, effective 1/1/00)

WAC 491-02-095   Actuarial tables, schedules, and factors.   This chapter contains the tables, schedules, and factors adopted by the board for volunteer fire fighters and reserve officers pursuant to the authority granted by RCW 41.24.185 for calculating optional retirement allowances of members of retirement systems administered by the board. These tables, schedules, and factors were adopted by the board upon the recommendation of and in light of the findings of the state actuary in his regular actuarial investigation into the mortality, service, compensation, and other experience of the members and beneficiaries of such retirement systems. The tables, schedules, and factors contained in this chapter shall govern the retirement allowances only of members retiring during the period from January 1, ((2000)) 2004, until such time as these tables, schedules, and factors are amended by the board following the next actuarial investigation conducted by the state actuary. The retirement allowances of members retiring before January 1, ((2000)) 2004, shall continue to be governed by the tables, schedules, and factors in effect at the time of each member's retirement. Any new tables, schedules, and factors adopted by the board in the future shall govern retirement allowances only of members retiring after the adoption of such new tables, schedules, and factors.


((BOARD FOR VOLUNTEER FIRE FIGHTERS
TABLE #1

JOINT/SURVIVORS PENSION


MEMBER YOUNGER
Age Difference Option II (100%)
-20 0.948
-19 0.945
-18 0.940
-17 0.936
-16 0.933
-15 0.929
-14 0.925
-13 0.921
-12 0.916
-11 0.910
-10 0.906
-9 0.900
-8 0.895
-7 0.889
-6 0.882
-5 0.876
-4 0.868
-3 0.860
-2 0.849
-1 0.836
MEMBER OLDER
Age Difference Option II (100%)
0 0.822
1 0.808
2 0.796
3 0.787
4 0.782
5 0.778
6 0.773
7 0.766
8 0.757
9 0.746
10 0.736
11 0.729
12 0.724
13 0.720
14 0.715
15 0.711
16 0.708
17 0.704
18 0.702
19 0.698
20 0.695
21 0.692
22 0.689
23 0.686
24 0.683
25 0.681
26 0.679
27 0.677
28 0.675
29 0.673
30 0.671
31 0.669
32 0.668
33 0.667
34 0.666
35 0.664
36 0.663
37 0.662
38 0.661
39 0.660
40 0.659
Age difference = member's age minus beneficiary's age

BOARD FOR VOLUNTEER FIRE FIGHTERS
TABLE #2

SURVIVORS PENSION


0 0 1.0000
1 .9915
2 .9830
3 .9746
4 .9661
5 .9576
6 .9491
7 .9407
8 .9322
9 .9237
10 .9152
11 .9068
1 0 .8983
1 .8908
2 .8834
3 .8759
4 .8685
5 .8610
6 .8536
7 .8461
8 .8387
9 .8312
10 .8238
11 .8163
2 0 .8089
1 .8023
2 .7957
3 .7892
4 .7826
5 .7760
6 .7694
7 .7629
8 .7563
9 .7497
10 .7431
11 .7366
3 0 .7300
1 .7242
2 .7183
3 .7125
4 .7067
5 .7009
6 .6951
7 .6892
8 .6834
9 .6776
10 .6718
11 .6660
4 0 .6601
1 .6550
2 .6498
3 .6446
4 .6395
5 .6343
6 .6291
7 .6240
8 .6188
9 .6136
10 .6085
11 .6033
5 0 .5981
1 .5935
2 .5889
3 .5843
4 .5797
5 .5751
6 .5705
7 .5659
8 .5613
9 .5567
10 .5521
11 .5475
6 0 .5429
1 .5388
2 .5347
3 .5306
4 .5265
5 .5224
6 .5182
7 .5141
8 .5100
9 .5059
10 .5018
11 .4977
7 0 .4936
1 .4899
2 .4862
3 .4825
4 .4789
5 .4752
6 .4715
7 .4678
8 .4642
9 .4605
10 .4568
11 .4531
8 0 .4494
1 .4461
2 .4428
3 .4395
4 .4362
5 .4329
6 .4296
7 .4263
8 .4230
9 .4197
10 .4164
11 .4131
9 0 .4098
1 .4068
2 .4039
3 .4009
4 .3979
5 .3950
6 .3920
7 .3890
8 .3860
9 .3831
10 .3801
11 .3771
10 0 .3742
1 .3715
2 .3688
3 .3661
4 .3635
5 .3608
6 .3581
7 .3554
8 .3528
9 .3501
10 .3474
11 .3447
11 0 .3420
1 .3396
2 .3372
3 .3348
4 .3324
5 .3300
6 .3275
7 .3251
8 .3227
9 .3203
10 .3179
11 .3154
12 0 .3130
1 .3108
2 .3087
3 .3065
4 .3043
5 .3021
6 .2999
7 .2977
8 .2955
9 .2933
10 .2912
11 .2890
13 0 .2868
1 .2848
2 .2828
3 .2808
4 .2789
5 .2769
6 .2749
7 .2729
8 .2709
9 .2689
10 .2670
11 .2650
14 0 .2630
1 .2612
2 .2594
3 .2576
4 .2558
5 .2540
6 .2522
7 .2504
8 .2486
9 .2468
10 .2450
11 .2432
15 0 .2414
1 .2398
2 .2381
3 .2365
4 .2348
5 .2332
6 .2316
7 .2299
8 .2283
9 .2267
10 .2250
11 .2234
16 0 .2218
1 .2203
2 .2188
3 .2173
4 .2158
5 .2143
6 .2128
7 .2113
8 .2098
9 .2084
10 .2069
11 .2054
17 0 .2039
1 .2025
2 .2012
3 .1998
4 .1985
5 .1971
6 .1957
7 .1944
8 .1930
9 .1917
10 .1903
11 .1890
18 0 .1876
1 .1864
2 .1851
3 .1839
4 .1826
5 .1814
6 .1802
7 .1789
8 .1777
9 .1764
10 .1752
11 .1740
19 0 .1727
1 .1716
2 .1705
3 .1693
4 .1682
5 .1671
6 .1659
7 .1648
8 .1637
9 .1625
10 .1614
11 .1603
20 0 .1591
1 .1581
2 .1571
3 .1560
4 .1550
5 .1540
6 .1529
7 .1519
8 .1509
9 .1498
10 .1488
11 .1478
21 0 .1467
1 .1458
2 .1448
3 .1439
4 .1429
5 .1420
6 .1410
7 .1401
8 .1391
9 .1382
10 .1372
11 .1363
22 0 .1353
1 .1345
2 .1336
3 .1327
4 .1319
5 .1310
6 .1301
7 .1293
8 .1284
9 .1275
10 .1267
11 .1258
23 0 .1249
1 .1241
2 .1233
3 .1225
4 .1217
5 .1209
6 .1201
7 .1193
8 .1185
9 .1177
10 .1169
11 .1161
24 0 .1153
1 .1146
2 .1139
3 .1132
4 .1124
5 .1117
6 .1110
7 .1102
8 .1095
9 .1088
10 .1080
11 .1073
25 0 .1066
1 .1059
2 .1052
3 .1046
4 .1039
5 .1032
6 .1025
7 .1019
8 .1012
9 .1005
10 .0998
11 .0992
26 0 .0985
1 .0979
2 .0973
3 .0966
4 .0960
5 .0954
6 .0948
7 .0942
8 .0936
9 .0929
10 .0923
11 .0917
27 0 .0911
1 .0905
2 .0899
3 .0894
4 .0888
5 .0882
6 .0877
7 .0871
8 .0865
9 .0860
10 .0854
11 .0848
28 0 .0842
1 .0837
2 .0832
3 .0827
4 .0822
5 .0816
6 .0811
7 .0806
8 .0801
9 .0795
10 .0790
11 .0785
29 0 .0780
1 .0775
2 .0770
3 .0765
4 .0760
5 .0755
6 .0751
7 .0746
8 .0741
9 .0736
10 .0731
11 .0726
30 0 .0722
1 .0717
2 .0713
3 .0708
4 .0704
5 .0699
6 .0695
7 .0690
8 .0686
9 .0682
10 .0677
11 .0673
31 0 .0668
1 .0664
2 .0660
3 .0656
4 .0652
5 .0648
6 .0644
7 .0639
8 .0635
9 .0631
10 .0627
11 .0623
32 0 .0619
1 .0615
2 .0611
3 .0608
4 .0604
5 .0600
6 .0596
7 .0592
8 .0589
9 .0585
10 .0581
11 .0577
33 0 .0573
1 .0570
2 .0566
3 .0563
4 .0559
5 .0556
6 .0552
7 .0549
8 .0545
9 .0542
10 .0538
11 .0535
34 0 .0531
1 .0528
2 .0525
3 .0522
4 .0518
5 .0515
6 .0512
7 .0509
8 .0506
9 .0502
10 .0499
11 .0496
35 0 .0493
1 .0452
2 .0410
3 .0369
4 .0328
5 .0287
6 .0246
7 .0205
8 .0164
9 .0123
10 .0082
11 .0041
36 0 .0000
1 .0000
2 .0000
3 .0000
4 .0000
5 .0000
6 .0000
7 .0000
8 .0000
9 .0000
10 .0000
11 .0000
37 0 .0000
1 .0000
2 .0000
3 .0000
4 .0000
5 .0000
6 .0000
7 .0000
8 .0000
9 .0000
10 .0000
11 .0000
38 0 .0000
1 .0000
2 .0000
3 .0000
4 .0000
5 .0000
6 .0000
7 .0000
8 .0000
9 .0000
10 .0000
11 .0000
39 0 .0000
1 .0000
2 .0000
3 .0000
4 .0000
5 .0000
6 .0000
7 .0000
8 .0000
9 .0000
10 .0000
11 .0000
40 0 .0000
1 .0000
2 .0000
3 .0000
4 .0000
5 .0000
6 .0000
7 .0000
8 .0000
9 .0000
10 .0000
11 .0000
41 0 .0000
1 .0000
2 .0000
3 .0000
4 .0000
5 .0000
6 .0000
7 .0000
8 .0000
9 .0000
10 .0000
11 .0000
42 0 .0000
1 .0000
2 .0000
3 .0000
4 .0000
5 .0000
6 .0000
7 .0000
8 .0000
9 .0000
10 .0000
11 .0000
43 0 .0000
1 .0000
2 .0000
3 .0000
4 .0000
5 .0000
6 .0000
7 .0000
8 .0000
9 .0000
10 .0000
11 .0000
44 0 .0000
1 .0000
2 .0000
3 .0000
4 .0000
5 .0000
6 .0000
7 .0000
8 .0000
9 .0000
10 .0000
11 .0000
45 0 .0000

BOARD FOR VOLUNTEER FIRE FIGHTERS
TABLE #3

LUMP-SUM SETTLEMENTS


AGE FACTOR AGE FACTOR
20 13.5031945 60 10.5436530
21 13.4828384 61 10.3813085
22 13.4611435 62 10.2142476
23 13.4380193 63 10.0431489
24 13.4133963 64 9.8688692
25 13.3871605 65 9.6924284
26 13.3592278 66 9.5149814
27 13.3294828 67 9.3377061
28 13.2978313 68 9.1617871
29 13.2641359 69 8.9884173
30 13.2283033 70 8.8188080
31 13.1901943 71 8.6543209
32 13.1496774 72 8.4968388
33 13.1066190 73 8.3489101
34 13.0608717 74 8.2138433
35 13.0124419 75 8.0958080
36 12.9608581 76 7.7523319
37 12.9060159 77 7.4162108
38 12.8477966 78 7.0884515
39 12.7860919 79 6.7697852
40 12.7208125 80 6.4606387
41 12.6518603 81 6.1625724
42 12.5791754 82 5.8728597
43 12.5027332 83 5.5923305
44 12.4225027 84 5.3202466
45 12.3384922 85 5.0556034
46 12.2507383 86 4.7984798
47 12.1592074 87 4.5483893
48 12.0638174 88 4.3052420
49 11.9644609 89 4.0701933
50 11.8609398 90 3.8435578
51 11.7530134 91 3.6246900
52 11.6404264 92 3.4128550
53 11.5229103 93 3.2069188
54 11.4002076 94 3.0106933
55 11.2720392 95 2.8258567
56 11.1381509 96 2.6477190
57 10.9983815 97 2.4748732
58 10.8526988 98 2.3066632
59 10.7011985 99 2.1427960))

Board for Volunteer Fire Fighters and Reserve Officers
Table #1
Joint/Survivor Pension
Option 2 (Joint and 100% Survivor Pension with Pop-up)
(WAC 415-02-380)

Member Younger Member Older
Age Difference Option 2 100% Age Difference Option 2 100%
-20 0.958 0 0.870
-19 0.955 1 0.862
-18 0.952 2 0.857
-17 0.949 3 0.844
-16 0.947 4 0.840
-15 0.944 5 0.836
-14 0.940 6 0.831
-13 0.937 7 0.818
-12 0.934 8 0.814
-11 0.930 9 0.809
-10 0.927 10 0.805
-9 0.923 11 0.802
-8 0.920 12 0.787
-7 0.916 13 0.784
-6 0.912 14 0.780
-5 0.908 15 0.777
-4 0.901 16 0.773
-3 0.896 17 0.770
-2 0.889 18 0.767
-1 0.879 19 0.764
20 0.762
21 0.759
22 0.756
23 0.754
24 0.752
25 0.750
26 0.748
27 0.746
28 0.744
29 0.743
30 0.741
31 0.740
32 0.738
33 0.737
34 0.736
35 0.735
36 0.734
37 0.733
38 0.732
39 0.731
40 0.730

Table #2
Survivor Pension
Early Retirement Factors
(WAC 415-02-320)


Years Early Month

0

 Month

1

 Month

2

 Month

3

 Month

4

 Month

5

 Month

6

 Month

7

 Month

8

 Month

9

 Month

10

 Month

11
0 1.0000 0.9933 0.9866 0.9799 0.9732 0.9665 0.9598 0.9531 0.9464 0.9397 0.9330 0.9263
1 0.9200 0.9133 0.9066 0.8999 0.8932 0.8865 0.8798 0.8731 0.8664 0.8597 0.8530 0.8463
2 0.8400 0.8333 0.8266 0.8199 0.8132 0.8065 0.7998 0.7931 0.7864 0.7797 0.7730 0.7663
3 0.7600 0.7558 0.7516 0.7474 0.7432 0.7390 0.7348 0.7306 0.7264 0.7222 0.7180 0.7138
4 0.7100 0.7058 0.7016 0.6974 0.6932 0.6890 0.6848 0.6806 0.6764 0.6722 0.6680 0.6638
5 0.6600 0.6558 0.6516 0.6474 0.6432 0.6390 0.6348 0.6306 0.6264 0.6222 0.6180 0.6138
6 0.6100 0.6058 0.6016 0.5974 0.5932 0.5890 0.5848 0.5806 0.5764 0.5722 0.5680 0.5638
7 0.5600 0.5558 0.5516 0.5474 0.5432 0.5390 0.5348 0.5306 0.5264 0.5222 0.5180 0.5138
8 0.5100 0.5067 0.5034 0.5001 0.4968 0.4935 0.4902 0.4869 0.4836 0.4803 0.4770 0.4737
9 0.4700 0.4667 0.4634 0.4601 0.4568 0.4535 0.4502 0.4469 0.4436 0.4403 0.4370 0.4337
10 0.4300 0.4267 0.4234 0.4201 0.4168 0.4135 0.4102 0.4069 0.4036 0.4003 0.3970 0.3937
11 0.3900 0.3867 0.3834 0.3801 0.3768 0.3735 0.3702 0.3669 0.3636 0.3603 0.3570 0.3537
12 0.3500 0.3467 0.3434 0.3401 0.3368 0.3335 0.3302 0.3269 0.3236 0.3203 0.3170 0.3137
13 0.3100 0.3083 0.3066 0.3049 0.3032 0.3015 0.2998 0.2981 0.2964 0.2947 0.2930 0.2913
14 0.2900 0.2883 0.2866 0.2849 0.2832 0.2815 0.2798 0.2781 0.2764 0.2747 0.2730 0.2713
15 0.2700 0.2683 0.2666 0.2649 0.2632 0.2615 0.2598 0.2581 0.2564 0.2547 0.2530 0.2513
16 0.2500 0.2483 0.2466 0.2449 0.2432 0.2415 0.2398 0.2381 0.2364 0.2347 0.2330 0.2313
17 0.2300 0.2283 0.2266 0.2249 0.2232 0.2215 0.2198 0.2181 0.2164 0.2147 0.2130 0.2113
18 0.2100 0.2092 0.2084 0.2076 0.2068 0.2060 0.2052 0.2044 0.2036 0.2028 0.2020 0.2012
19 0.2000 0.1992 0.1984 0.1976 0.1968 0.1960 0.1952 0.1944 0.1936 0.1928 0.1920 0.1912
20 0.1900 0.1892 0.1884 0.1876 0.1868 0.1860 0.1852 0.1844 0.1836 0.1828 0.1820 0.1812
21 0.1800 0.1792 0.1784 0.1776 0.1768 0.1760 0.1752 0.1744 0.1736 0.1728 0.1720 0.1712
22 0.1700 0.1692 0.1684 0.1676 0.1668 0.1660 0.1652 0.1644 0.1636 0.1628 0.1620 0.1612
23 0.1600 0.1592 0.1584 0.1576 0.1568 0.1560 0.1552 0.1544 0.1536 0.1528 0.1520 0.1512
24 0.1500 0.1492 0.1484 0.1476 0.1468 0.1460 0.1452 0.1444 0.1436 0.1428 0.1420 0.1412
25 0.1400 0.1392 0.1384 0.1376 0.1368 0.1360 0.1352 0.1344 0.1336 0.1328 0.1320 0.1312
26 0.1300 0.1292 0.1284 0.1276 0.1268 0.1260 0.1252 0.1244 0.1236 0.1228 0.1220 0.1212
27 0.1200 0.1192 0.1184 0.1176 0.1168 0.1160 0.1152 0.1144 0.1136 0.1128 0.1120 0.1112
28 0.1100 0.1092 0.1084 0.1076 0.1068 0.1060 0.1052 0.1044 0.1036 0.1028 0.1020 0.1012
29+ 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000

Table #3
Lump-Sum Settlements


Age Factor Age Factor
20 12.7335330 60 10.0726845
21 12.7191510 61 9.9030688
22 12.7036393 62 9.7274751
23 12.6870065 63 9.5462842
24 12.6688761 64 9.3601408
25 12.6496453 65 9.1682895
26 12.6287501 66 8.9710880
27 12.6062073 67 8.7693452
28 12.5820349 68 8.5617611
29 12.5558736 69 8.3481095
30 12.5281256 70 8.1282574
31 12.4982502 71 7.9049634
32 12.4666517 72 7.7673880
33 12.4331717 73 7.4434669
34 12.3976573 74 7.2070202
35 12.3601450 75 6.9674370
36 12.3203083 76 6.7250943
37 12.2778326 77 6.4800919
38 12.2327750 78 6.2326266
39 12.1844828 79 5.9832374
40 12.1332130 80 5.7325776
41 12.0783450 81 5.4813743
42 12.0199820 82 5.2319096
43 11.9577175 83 4.9851840
44 11.8915114 84 4.7422313
45 11.8211694 85 4.5041150
46 11.7461884 86 4.2722117
47 11.6665967 87 4.0482355
48 11.5816343 88 3.8341147
49 11.4912414 89 3.6319683
50 11.3949206 90 3.4438535
51 11.2923916 91 3.2716047
52 11.1841811 92 3.1136352
53 11.0693428 93 2.9700277
54 10.9474827 94 2.8403701
55 10.8184363 95 2.7238456
56 10.6826650 96 2.6193178
57 10.5407844 97 2.5253520
58 10.3917265 98 2.4401933
59 10.2356241 99 2.3616744

[Statutory Authority: RCW 41.24.290(2). 99-21-052, § 491-02-095, filed 10/18/99, effective 1/1/00; 90-24-033, § 491-02-095, filed 11/30/90, effective 12/31/90.]

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