WSR 06-08-073

PREPROPOSAL STATEMENT OF INQUIRY

DEPARTMENT OF

RETIREMENT SYSTEMS

[ Filed April 3, 2006, 12:50 p.m. ]

Subject of Possible Rule Making: WAC 415-108-805 What is the PERS Plan 1 "adjusted minimum benefit"? and 415-112-555 What is the TRS Plan 1 "adjusted minimum benefit"?

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 41.50.050(5), 41.32.4851, and 41.40.1984.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: This rule is needed to implement SB 6453, which provides that the adjusted minimum monthly allowance for qualifying PERS Plan 1 and TRS Plan 1 retirees will be increased by 3% on July 1 of each year.

Process for Developing New Rule: The department of retirement systems (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 leslies@drs.wa.gov.

April 3, 2006

Leslie Saeger

Rules Coordinator

Washington State Code Reviser's Office