S-1226.1 _______________________________________________
SENATE BILL 5701
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State of Washington 57th Legislature 2001 Regular Session
By Senator Jacobsen
Read first time 01/31/2001. Referred to Committee on Ways & Means.
AN ACT Relating to terminating membership in the Washington state teachers' retirement system plan 1 after thirty years' service; and amending RCW 41.32.240.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW 41.32.240 and 1994 c 197 s 14 are each amended to read as follows:
(1) All teachers employed full time in the public schools shall be members of the system except alien teachers who have been granted a temporary permit to teach as exchange teachers. However, a member who has earned thirty or more service credit years and who is employed by an institution of higher education shall have the option of terminating membership in the system for the purpose of enrolling in a higher education retirement plan administered pursuant to RCW 28B.10.400.
(2) A minimum of ninety days or the equivalent of ninety days of employment during a fiscal year shall be required to establish membership. A teacher shall be considered as employed full time if serving regularly for four-fifths or more of a school day or if assigned to duties which are the equivalent of four-fifths or more of a full time assignment. A teacher who is employed for less than full time service may become a member by filing an application with the retirement system, submitting satisfactory proof of teaching service and making the necessary payment before June 30 of the school year immediately following the one during which the service was rendered.
(3) After June 30th of the school year immediately following the one during which the less than full-time service was rendered, the necessary payment may be made under RCW 41.50.165(2).
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