WSR 99-19-126

PREPROPOSAL STATEMENT OF INQUIRY

DEPARTMENT OF

RETIREMENT SYSTEMS

[ Filed September 21, 1999, 1:33 p.m. ]

Subject of Possible Rule Making: Management and administration of school employees' retirement system (SERS) which goes into effect September 1, 2000.

Statutes Authorizing the Agency to Adopt Rules on this Subject: Chapter 41.35 RCW.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Under RCW 41.35.020 the Department of Retirement Systems is authorized to promulgate rules necessary to manage and administer SERS.

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

Process for Developing New Rule: The department did not seek input on the preliminary draft prior to filing the CR-101. Copies of the draft rule will be circulated to interested parties for comment. Interested parties include those persons known to the department, such as state employees who will become members of the system, their employers and representatives. We will also make copies of the draft rules available to any other person who requests a copy and/or opportunity to comment.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Greg Deam, School Employees' Retirement System, (360) 664-7265, or Elyette M. Weinstein, Rules Coordinator, (360) 664-7307, Legal/Legislative Affairs, Department of Retirement Systems, Mailstop 48380, P.O. Box 48380, Olympia, WA 98504-8380, fax (360) 753-3166.

September 21, 1999

Elyette M. Weinstein

Rules Coordinator

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