BILL REQ. #: S-2071.1
State of Washington | 58th Legislature | 2003 Regular Session |
Read first time 03/03/2003. Referred to Committee on Ways & Means.
AN ACT Relating to making an irrevocable choice to waive rights to the defined benefit under the plan 3 retirement systems; adding a new section to chapter 41.32 RCW; adding a new section to chapter 41.35 RCW; and adding a new section to chapter 41.40 RCW.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1 A new section is added to chapter 41.32 RCW
to read as follows:
Any member receiving or having received a distribution under
chapter 41.34 RCW may make an irrevocable choice to waive all rights to
a benefit under RCW 41.32.840 by notifying the department in writing of
their intention.
NEW SECTION. Sec. 2 A new section is added to chapter 41.35 RCW
to read as follows:
Any member receiving or having received a distribution under
chapter 41.34 RCW may make an irrevocable choice to waive all rights to
a benefit under RCW 41.35.620 by notifying the department in writing of
their intention.
NEW SECTION. Sec. 3 A new section is added to chapter 41.40 RCW
to read as follows:
Any member receiving or having received a distribution under
chapter 41.34 RCW may make an irrevocable choice to waive all rights to
a benefit under RCW 41.40.790 by notifying the department in writing of
their intention.