WSR 25-15-164
PREPROPOSAL STATEMENT OF INQUIRY
DEPARTMENT OF
RETIREMENT SYSTEMS
[Filed July 23, 2025, 11:08 a.m.]
Subject of Possible Rule Making: Providing additional clarity regarding the department of retirement systems' (department) use of administrative factors.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW
41.50.050 and
41.45.030.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The department adopts actuarial factors upon the office of the state actuary's (OSA) recommendation, following OSA's investigation into the mortality, service, compensation, and other experience of retirement plan members, retirees, and beneficiaries. RCW
41.45.030 directs the department to establish timelines and conditions for the adoption process. These WAC updates clarify the timeline and the organizations that participate in the process.
Process for Developing New Rule: Negotiated rule making.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Bianca Stoner, Department of Retirement Systems, P.O. Box 48380, Olympia, WA 98504-8380, phone 360-664-7291, TTY 711, email drs.rules@drs.wa.gov, website www.drs.wa.gov/rules.
July 23, 2025
Bianca Stoner
Rules Coordinator