BILL REQ. #:  S-2859.2 

Read first time 04/15/11.   Referred to Committee on Ways & Means.

     AN ACT Relating to nonstate pension plans offered by towns; and amending RCW 35.27.130.

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

Sec. 1   RCW 35.27.130 and 1993 c 47 s 3 are each amended to read as follows:
     The mayor and members of the town council may be reimbursed for actual expenses incurred in the discharge of their official duties upon presentation of a claim therefor and its allowance and approval by resolution of the town council. The mayor and members of the council may also receive such salary as the council may fix by ordinance.
     The treasurer and treasurer-clerk shall severally receive at stated times a compensation to be fixed by ordinance.
     The compensation of all other officers and employees shall be fixed from time to time by the council.
     Any town that provides a pension for any of its employees under a plan not administered by the state must notify the state auditor of the existence of the plan at the time of an audit of the town by the auditor. No town may establish a pension plan for its employees that is not administered by the state, except that any ((defined contribution)) pension plan in existence as of January 1, ((1990)) 1999, is deemed to have been authorized. No town that provides a ((defined contribution)) pension plan for its employees as authorized by this section may make any material changes in the terms or conditions of the plan after June 7, ((1990)) 1999.