Z-0558.1                   _______________________________________________

                                                     SENATE BILL 5696

                              _______________________________________________

State of Washington                              53rd Legislature                             1993 Regular Session

By Senators Haugen, Newhouse and Spanel; by request of Department of Retirement Systems

Read first time 02/10/93.  Referred to Committee on Government Operations.

Authorizing the department of retirement systems to be divided into three divisions.

          AN ACT Relating to divisions of the department of retirement systems; and amending RCW 41.50.050.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  RCW 41.50.050 and 1987 c 505 s 24 are each amended to read as follows:

          The director shall:

          (1) Have the authority to organize the department into not more than ((two)) three divisions, each headed by an assistant director;

          (2) Have free access to all files and records of various funds assigned to the department and inspect and audit the files and records as deemed necessary;

          (3) Employ personnel to carry out the general administration of the department;

          (4) Submit an annual written report of the activities of the department to the governor and the chairs of the appropriate legislative committees with one copy to the staff of each of the committees, including recommendations for statutory changes the director believes to be desirable;

          (5) Adopt such rules and regulations as are necessary to carry out the powers, duties, and functions of the department pursuant to the provisions of chapter 34.05 RCW.

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