PREPROPOSAL STATEMENT OF INQUIRY
Subject of Possible Rule Making: Impact on the portion of retirement allowance related to purchased service credit when a retiree returns to work.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 41.50.050.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: To correctly administer the impact to a member's retirement allowance when a retiree returns to work and exceeds the limits for continuing to receive an unreduced benefit.
Process for Developing New Rule: Negotiated rule making.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Jilene Siegel, Rules Coordinator, Department of Retirement Systems, P.O. Box 48380, Olympia, WA 98504-8380, e-mail Rules@drs.wa.gov, phone (360) 664-7291.
November 5, 2012