PREPROPOSAL STATEMENT OF INQUIRY
[Filed October 18, 2022, 3:44 p.m.]
Subject of Possible Rule Making: Disclaiming beneficiary benefits.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 41.50.050
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Occasionally a beneficiary decides that they do not want to receive a benefit when a retirement member passes away. This rule will clarify how any disclaimed benefit will pass to other beneficiaries and/or the estate of the deceased.
Process for Developing New Rule: Agency study.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Rubi Reaume, Department of Retirement Systems, P.O. Box 48380, Olympia, WA 98504, phone 360-664-7311, TTY 711, email firstname.lastname@example.org, website www.drs.wa.gov/sitemap/rules.
October 18, 2022