WSR 24-03-132

PREPROPOSAL STATEMENT OF INQUIRY

DEPARTMENT OF

RETIREMENT SYSTEMS

[Filed January 23, 2024, 9:35 a.m.]

Subject of Possible Rule Making: SECURE Act 2.0, deferred compensation deferral dates.

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: Making necessary changes to implement deferred compensation deferral dates under the federal SECURE Act 2.0.

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, Department of Retirement Systems, 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.

January 23, 2024

Bianca Stoner

Rules Coordinator