WSR 16-12-065

PREPROPOSAL STATEMENT OF INQUIRY

[Filed May 27, 2016, 8:51 a.m.]

Subject of Possible Rule Making: 2008 early retirement factors.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 41.50.050.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: EHB 2391, passed in 2007, provided optional subsidized early retirement factors (2008 ERFs) for Plan 2 and Plan 3 members in the state's retirement systems, with restrictions on postretirement employment. This rule-making action will clarify how the department interprets those provisions.

Process for Developing New Rule: Agency study.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Jilene Siegel, Rules Coordinator, Department of Retirement Systems, P.O. Box 48380, Olympia, WA 98504-8380, e-mail Rules@drs.wa.gov, phone (360) 664-7291.

May 27, 2016

Jilene A. Siegel

Rules Coordinator