BILL REQ. #: Z-0384.1
State of Washington | 62nd Legislature | 2011 Regular Session |
Read first time 01/18/11. Referred to Committee on Ways & Means.
AN ACT Relating to transferring service credit and contributions into the Washington state patrol retirement system by members who served as commercial vehicle enforcement officers and communications officers and then became commissioned troopers in the Washington state patrol; 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 41.40 RCW
under the subchapter heading "plan 2" to read as follows:
(1) Active members of the Washington state patrol retirement system
who have previously established service credit in the public employees'
retirement system plan 2 while employed in the state patrol as either
(a) a commercial vehicle enforcement officer who then became a
commissioned officer on or before July 1, 2000, or (b) a communications
officer who then became a commissioned officer, have the following
options:
(i) Remain a member of the public employees' retirement system; or
(ii) Transfer service credit earned under the retirement system as
a communications officer or commercial vehicle enforcement officer to
the Washington state patrol retirement system by making an irrevocable
choice filed in writing with the department of retirement systems
within one year of the department's announcement of the ability to make
such a transfer.
(2)(a) Any commissioned officer choosing to transfer under this
section shall have transferred from the retirement system to the
Washington state patrol retirement system:
(i) All the employee's applicable accumulated contributions plus
interest, and an equal amount of employer contributions attributed to
that employee; and
(ii) All applicable months of service as a communications officer
or commercial vehicle enforcement officer credited to the employee
under this chapter as though that service was rendered as a member of
the Washington state patrol retirement system.
(b) For the applicable period of service, the employee shall pay:
(i) The difference between the contributions the employee paid to
the retirement system and the contributions that would have been paid
by the employee had the employee been a member of the Washington state
patrol retirement system, plus interest as determined by the director.
This payment shall be made no later than December 31, 2019, or the date
of retirement, whichever comes first;
(ii) The difference between the employer contributions paid to the
public employees' retirement system, and the employer contributions
that would have been payable to the Washington state patrol retirement
system; and
(iii) An amount sufficient to ensure that the funding status of the
Washington state patrol retirement system will not change due to this
transfer.
(c) If the payment required by this subsection is not paid in full
by the deadline, the transferred service credit shall not be used to
determine eligibility for benefits nor to calculate benefits under the
Washington state patrol retirement system. In such a case, the
employee's accumulated contributions plus interest transferred under
this subsection, and any payments made under this subsection, shall be
refunded to the employee. The employer shall be entitled to a credit
for the employer contributions transferred under this subsection.
(d) An individual who transfers service credit and contributions
under this subsection is permanently excluded from the public
employees' retirement system for all service as a communications
officer or commercial vehicle enforcement officer.