PREPROPOSAL STATEMENT OF INQUIRY
Subject of Possible Rule Making: The Department of Retirement Systems (DRS) is planning to adopt rules to implement chapter 85, Laws of 2004 (HB 2538). This law establishes a $1,000 minimum monthly benefit for eligible PERS Plan 1 and TRS Plan 1 members who have at least twenty-five years of service and who have been retired at least twenty years.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 41.50.050(5).
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: To implement and clarify the provisions in chapter 85, Laws of 2004.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: No other agencies.
Process for Developing New Rule: DRS will develop the draft rule(s) with the assistance of the Attorney General's Office. The public is invited and encouraged to participate, as described below.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication. DRS encourages your active participation in the rule-making process. After the rule(s) is drafted, DRS will file a copy with the Office of the Code Reviser with a notice of proposed rule making. The notice will include the time and date of a public rules hearing. DRS will send a copy of the notice and the proposed rule(s) to everyone currently on the mailing list and anyone else who requests a copy. To request a copy or for more information on how to participate, please contact Leslie Saeger, Rules and Contracts Coordinator, Department of Retirement Systems, P.O. Box 48380, Olympia, WA 98504-8380, voice (360) 664-7291, TTY (360) 586-5450, fax (360) 753-3166, e-mail firstname.lastname@example.org.
April 12, 2004
Rules and Contracts Coordinator