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ENGROSSED
SUBSTITUTE HOUSE BILL 2985
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AS
AMENDED BY THE SENATE
Passed
Legislature - 1992 Regular Session
State of Washington 52nd
Legislature 1992 Regular Session
Read first time 02/11/92. Allowing certain law enforcement officers and fire
fighters pension credit for past service.
AN ACT
Relating to establishing pension credit for law enforcement officers and fire
fighters who qualified under a prior pension system; adding new sections to
chapter 41.26 RCW; adding new sections to chapter 41.40 RCW; and declaring an
emergency.
BE IT ENACTED BY THE LEGISLATURE
OF THE STATE OF WASHINGTON:
NEW
SECTION. Sec. 1. A new
section is added to chapter 41.26 RCW under the subchapter heading "PLAN
I" to read as follows:
If a
member of plan I served as a law enforcement officer or fire fighter under a
prior pension system and that service is not creditable to plan I because the
member withdrew his or her contributions plus accrued interest from the prior
pension system, the member's prior service as a law enforcement officer shall
be credited to plan I if the member pays to the retirement system by June 30,
1993, an amount equal to that which the member withdrew from the prior pension
system together with interest as determined by the director.
NEW
SECTION. Sec. 2. A new
section is added to chapter 41.26 RCW under the subchapter heading "PLAN
I" to read as follows:
If a
plan I member's prior service as a law enforcement officer or fire fighter
under a prior pension system is not creditable because, although employed in a
position covered by a prior pension act, the member had not yet become a member
of the pension system governed by the act, the member's prior service as a law
enforcement officer or fire fighter shall be creditable under plan I, if the
member pays to the plan, on or before June 30, 1993, an amount equal to the
employee's and the employer's contributions that would have been required under
the prior act when the member's service was rendered if the member had been a
member of the prior pension system during that period, together with interest
as determined by the director.
NEW
SECTION. Sec. 3. A new
section is added to chapter 41.40 RCW to read as follows:
Any
active member of this retirement system who has previously established ten or
more years' service credit in the city of Seattle's police relief and pension
fund system, who withdrew his or her contributions from Seattle's police relief
and pension fund system prior to July 1, 1961, and who has never been a member
of the law enforcement officers' and fire fighters' pension system created in
chapter 41.26 RCW, may receive credit in this retirement system for such
service, subject to the terms and conditions specified in section 4 of this act.
NEW
SECTION. Sec. 4. A new
section is added to chapter 41.40 RCW to read as follows:
(1) A
member who fulfills the requirements of section 3 of this act may file a
written declaration no later than September 30, 1992, with the department and
the Seattle police relief and pension fund system indicating the member's
desire to make an irrevocable transfer of credit from the Seattle system to
this retirement system. The member shall restore his or her contributions,
with interest since the date of withdrawal as determined by the director, no
later than December 31, 1992.
(2)
Upon receipt of the written declaration, the Seattle police relief and pension
fund system shall send the department a report of the member's service credit.
It shall also transfer to the department the portion of such member's
contributions that was retained in the Seattle police relief and pension fund
pursuant to RCW 41.20.150, plus a sum equal to such member's total
contributions to the Seattle police relief and pension fund, which shall be
treated as matching contributions by the employer, plus the compound interest
that would have been generated by such sums, as determined by the Seattle city
treasurer. The Seattle police relief and pension fund system shall send the
service credit report and transfer the funds within ninety days of receiving
the member's written declaration.
NEW
SECTION. Sec. 5. Sections
3 and 4 of this act are necessary for the immediate preservation of the public
peace, health, or safety, or support of the state government and its existing
public institutions, and shall take effect immediately.
