CERTIFICATION OF ENROLLMENT
HOUSE BILL 1099
Chapter 122, Laws of 1997
55th Legislature
1997 Regular Session
TRANSFER OF SERVICE IN LAW ENFORCEMENT OFFICERS' AND FIRE FIGHTERS' PENSION SYSTEM PLAN I
EFFECTIVE DATE: 7/27/97
Passed by the House February 28, 1997 Yeas 95 Nays 0
CLYDE BALLARD Speaker of the House of Representatives
Passed by the Senate April 10, 1997 Yeas 47 Nays 0 |
CERTIFICATE
I, Timothy A. Martin, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 1099 as passed by the House of Representatives and the Senate on the dates hereon set forth. |
BRAD OWEN President of the Senate |
TIMOTHY A. MARTIN Chief Clerk
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Approved April 22, 1997 |
FILED
April 22, 1997 - 4:02 p.m. |
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GARY LOCKE Governor of the State of Washington |
Secretary of State State of Washington |
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HOUSE BILL 1099
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Passed Legislature - 1997 Regular Session
State of Washington 55th Legislature 1997 Regular Session
By Representatives Cooke, Ogden, Sehlin, Carlson, Wolfe, H. Sommers, Dyer, Cairnes, Murray and Mason; by request of Joint Committee on Pension Policy
Read first time 01/14/97. Referred to Committee on Appropriations.
AN ACT Relating to transferring prior service in the law enforcement officers' and fire fighters' pension system plan I; and adding a new section to chapter 41.26 RCW.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. A new section is added to chapter 41.26 RCW under the subchapter heading "plan I" to read as follows:
Any member of the teachers' retirement system plans I, II, or III, the public employees' retirement system plans I or II, or the Washington state patrol retirement system who has previously established service credit in the law enforcement officers' and fire fighters' retirement system plan I may make an irrevocable election to have such service transferred to their current retirement system and plan subject to the following conditions:
(1) If the individual is employed by an employer in an eligible position, as of July 1, 1997, the election to transfer service must be filed in writing with the department no later than July 1, 1998. If the individual is not employed by an employer in an eligible position, as of July 1, 1997, the election to transfer service must be filed in writing with the department no later than one year from the date they are employed by an employer in an eligible position.
(2) An individual transferring service under this section forfeits the rights to all benefits as a member of the law enforcement officers' and fire fighters' retirement system plan I and will be permanently excluded from membership.
(3) Any individual choosing to transfer service under this section will have transferred to their current retirement system and plan: (a) All the individual's accumulated contributions; (b) an amount sufficient to ensure that the employer contribution rate in the individual's current system and plan will not increase due to the transfer; and (c) all applicable months of service, as defined in RCW 41.26.030(14)(a).
(4) If an individual has withdrawn contributions from the law enforcement officers' and fire fighters' retirement system plan I, the individual may restore the contributions, together with interest as determined by the director, and recover the service represented by the contributions for the sole purpose of transferring service under this section. The contributions must be restored before the transfer can occur and the restoration must be completed within the time limitations specified in subsection (1) of this section.
(5) Any service transferred under this section does not apply to the eligibility requirements for military service credit as defined in RCW 41.40.170(3) or 43.43.260(3).
(6) If an individual does not meet the time limitations of subsection (1) of this section, the individual may elect to restore any withdrawn contributions and transfer service under this section by paying the amount required under subsection (3)(b) of this section less any employee contributions transferred.
Passed the House February 28, 1997.
Passed the Senate April 10, 1997.
Approved by the Governor April 22, 1997.
Filed in Office of Secretary of State April 22, 1997.