FINAL BILL REPORT

SSB 6466

                                  C 269 L 88

BYSenate Committee on Ways & Means (originally sponsored by Senator Vognild)

Revising retirement benefit calculation for certain county employees.

Senate Committee on Ways & Means

House Committe on Ways & Means/Appropriations

SYNOPSIS AS ENACTED

BACKGROUND:

Under the Public Employees' Retirement System-Plan I (PERS I), unless a political subdivision employer has a clear and consistent definition of what dollar value is attached to sick leave (i.e., first in, first out; or last in, first out), the Department of Retirement Systems (DRS) will value the sick leave cashed out at retirement on the basis of first in, first out.  If the employer, in an inconsistent manner, values it differently, the employer is required to pay the full present value in retirement benefit of the excess compensation.

The employee, however, has the right to appeal the decision of the Director of DRS with regard to this valuation.  This appeal must be made within 60 days of the decision.

SUMMARY:

An employee of a class A county public works department who retired on February 1, 1985, may have an additional 60 days after the effective date of the act to appeal the final decision regarding value of sick leave of the Director of the Department of Retirement Systems that was rendered on April 17, 1986.

VOTES ON FINAL PASSAGE:

      Senate    48     0

      House 97   0 (House amended)

      Senate    46     0 (Senate concurred)

EFFECTIVE:June 9, 1988