Making technical corrections in the general retirement provisions estoppel section, teachers' retirement system, public safety employees' retirement system, the school employees' retirement system, the public employees' retirement system, and the actuarial funding chapter.
Summary
Makes technical corrections to the state retirement systems laws, including clarifying "notwithstanding" language, adding omissions and references related to the creation of the Public Safety Employees' Retirement System, removing erroneous cross-references, reenacting and amending a duplicate RCW section, and repealing several sections requiring written employer reporting to the Department of Retirement Systems.
Makes the availability of option Plan 3 annuities subject to Internal Revenue Service approval.
From the House Bill Report (HB 1330), written by the Legislature's nonpartisan staff. Read the full report ↗
AN ACT Relating to technical corrections in the general retirement provisions estoppel section, teachers' retirement system, public safety employees' retirement system, the school employees' retirement system, the public employees' retirement system, and the actuarial funding chapter;