WSR 23-20-113

PREPROPOSAL STATEMENT OF INQUIRY

DEPARTMENT OF

RETIREMENT SYSTEMS

[Filed October 3, 2023, 4:35 p.m.]

Subject of Possible Rule Making: Holiday leave bank cash-out.

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: Providing clarification regarding employers reporting cash-outs from holiday leave banks. Additional background information is available through department of retirement systems (DRS) Notice 22-012, holiday leave banks at www.drs.wa.gov/drs-notice-22-012-holiday-leave-banks/.

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 Bianca Stoner, DRS, P.O. Box 48380, Olympia, WA 98504-8380, phone 360-664-7291, TTY 711, email drs.rules@drs.wa.gov, website www.drs.wa.gov/rules.

October 3, 2023

Bianca Stoner

Rules Coordinator