WSR 15-13-114
PREPROPOSAL STATEMENT OF INQUIRY
DEPARTMENT OF
RETIREMENT SYSTEMS
[Filed June 16, 2015, 1:59 p.m.]
Subject of Possible Rule Making: Plan 3 defined contribution account distributions.
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 clarify how the department will administer distributions from a Plan 3 defined contribution account in the event of an unforeseeable emergency, serious illness, or death.
Process for Developing New Rule: Agency study.
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.
June 16, 2015
Jilene A. Siegel
Rules Coordinator