Z-1276.1 _______________________________________________
HOUSE BILL 2489
_______________________________________________
State of Washington 55th Legislature 1998 Regular Session
By Representatives D. Sommers, Carlson, Sehlin, Conway, H. Sommers, Ogden, Wolfe, Kessler and Gardner; by request of Joint Committee on Pension Policy
Read first time 01/14/98. Referred to Committee on Appropriations.
AN ACT Relating to restrictions on the restoration of service credit; adding a new section to chapter 41.26 RCW; adding a new section to chapter 41.32 RCW; adding new sections to chapter 41.40 RCW; and adding a new section to chapter 43.43 RCW.
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 "provisions applicable to plan I and plan II" to read as follows:
Notwithstanding any provision to the contrary, persons who fail to:
(1) Establish allowable membership service not previously credited;
(2) Restore all or a part of that previously credited membership service represented by withdrawn contributions; or
(3) Restore service credit represented by a lump sum payment in lieu of benefits, before the deadline established by statute, may do so under the conditions set forth in RCW 41.50.165.
NEW SECTION. Sec. 2. A new section is added to chapter 41.32 RCW under the subchapter heading "provisions applicable to plan I, plan II, and plan III" to read as follows:
Notwithstanding any provision to the contrary, persons who fail to:
(1) Establish allowable membership service not previously credited;
(2) Restore all or a part of that previously credited membership service represented by withdrawn contributions; or
(3) Restore service credit represented by a lump sum payment in lieu of benefits, before the deadline established by statute, may do so under the conditions set forth in RCW 41.50.165.
NEW SECTION. Sec. 3. A new section is added to chapter 41.40 RCW under the subchapter heading "provisions applicable to plan I and plan II" to read as follows:
Notwithstanding any provision to the contrary, persons who fail to:
(1) Establish allowable membership service not previously credited;
(2) Restore all or a part of that previously credited membership service represented by withdrawn contributions; or
(3) Restore service credit represented by a lump sum payment in lieu of benefits, before the deadline established by statute, may do so under the conditions set forth in RCW 41.50.165.
NEW SECTION. Sec. 4. A new section is added to chapter 41.40 RCW under the subchapter heading "provisions applicable to plan I" to read as follows:
Notwithstanding any provision to the contrary, employees of Washington State University who first established membership in the public employees' retirement system plan I under RCW 41.40.500 through 41.40.507, as existing on July 28, 1991, and RCW 41.40.508, as existing on June 7, 1990, may purchase, as set forth under RCW 41.50.165, plan I service credit for the period of service at Washington State University prior to his or her contributory membership in the Washington State University retirement system.
NEW SECTION. Sec. 5. A new section is added to chapter 43.43 RCW to read as follows:
Notwithstanding any provision to the contrary, persons who fail to:
(1) Establish allowable membership service not previously credited;
(2) Restore all or a part of that previously credited membership service represented by withdrawn contributions; or
(3) Restore service credit represented by a lump sum payment in lieu of benefits, before the deadline established by statute, may do so under the conditions set forth in RCW 41.50.165.
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