PREPROPOSAL STATEMENT OF INQUIRY
FIREFIGHTERS AND RESERVE OFFICERS
Subject of Possible Rule Making: To amend chapter 491-02 WAC to adopt new actuarial tables for use in calculating joint survivor pensions, survivor pensions, and lump sum settlements for pensions.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 41.24.290(2).
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The Office of the State Actuary has produced new tables based upon the 1995-2000 actuarial experience study published in 2002.
Process for Developing New Rule: Agency study; and calculations by the Office of the State Actuary.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Board for Volunteer Firefighters and Reserve Officers, P.O. Box 114, 605 East 11th Avenue, #112, Olympia, WA 98507, phone (360) 753-7318, toll free (877) 753-7318, fax (360) 586-1987.
July 17, 2003
Brigette K. Smith