PERMANENT RULES
RETIREMENT SYSTEMS
Purpose: This rule clarifies that members may not earn more than one service credit in a calendar month in any one, or twelve service credits for a given year, in any one retirement plan.
Statutory Authority for Adoption: RCW 41.50.050(5).
Adopted under notice filed as WSR 05-10-009 on April 25, 2005.
Changes Other than Editing from Proposed to Adopted Version: Corrected the dates in the example.
Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.
Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.
Number of Sections Adopted on the Agency's Own Initiative: New 1, Amended 0, Repealed 0.
Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.
Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 1, Amended 0, Repealed 0.
Date Adopted: June 8, 2005.
S. J. Matheson
Director
OTS-7664.4
NEW SECTION
WAC 415-02-180
Is it possible to receive more than one
month of service credit in a single retirement plan for a
calendar month?
You may not receive more than one month of
service credit for a calendar month, or twelve months of
service credit during a service credit year, in any one
retirement plan.
This includes, but is not limited to, receiving more than one month of service credit during a calendar month for:
(1) Working in two or more positions covered by the same retirement system;
(2) Military service and service as an employee in the same month;
(3) Purchasing service credit for a period of paid or unpaid leave that occurred during the same month you earned service credit for service as an employee;
(4) Serving as an elected or appointed official during the same month you earned service credit for service as an employee; or
(5) Working more than the minimum number of hours required to earn one month of service credit.
EXAMPLE: | Mary, a PERS 1 member, worked full time for the department of retirement systems continuously for five years from January 1, 1996, through December 31, 2000. During the same period, she worked evenings and Saturdays (full time) in a PERS eligible position for the department of licensing. Mary earned a total of five years of service credit, which is the maximum service credit a member may earn in a five-year period. |
[]