6533-S AAS 2/10/00 S4683.1

SSB 6533 - S AMD - 063

By Senators Long, Fraser and Franklin

                                                   ADOPTED 2/10/00

    On page 16, after line 25, insert the following:

    "Sec. 8.  RCW 43.43.278 and 1999 c 74 s 4 are each amended to read as follows:

    By July 1, 2000, the department of retirement systems shall adopt rules that allow a member to select((, in lieu of benefits under RCW 43.43.270,)) an actuarially equivalent retirement option that pays the member a reduced retirement allowance and upon death shall be continued throughout the life of a lawful surviving spouse.  The continuing allowance to the lawful surviving spouse shall be subject to the yearly increase provided by RCW 43.43.260(5) in lieu of the annual increase provided in RCW 43.43.272.  The allowance to the lawful surviving spouse under this section, and the allowance for an eligible child or children under RCW 43.43.270, shall not be subject to the limit for combined benefits under RCW 43.43.270."

    Renumber the remaining section.

SSB 6533 - S AMD - 063

By Senators Long, Fraser and Franklin

                                                   ADOPTED 2/10/00

    On page 1, line 3 of the title, strike "and 41.40.660" and insert "41.40.660, and 43.43.278"

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