RCW 41.26.410 Provisions applicable to plan 2. RCW 41.26.420 through 41.26.550 shall apply only to plan 2 members. [ 1991 c 35 § 29; 1977 ex.s. c 294 § 2.] NOTES: Intent—1991 c 35: See note following RCW 41.26.005. Legislative direction and placement—1977 ex.s. c 294: “Sections 1 through 16 of this 1977 amendatory act […]
RCW 41.26.420 Computation of the retirement allowance. (1) Except as provided in RCW 41.26.530, a member of the retirement system shall receive a retirement allowance equal to two percent of such member’s final average salary for each year of service. (2) Beginning January 16, 2023, members new to the retirement system after February 1, 2021, […]
RCW 41.26.425 Lump sum retirement allowance—Reentry—Conditions for reinstatement of service. (1) On or after June 10, 1982, the director may pay a beneficiary, subject to the provisions of subsection (5) of this section, a lump sum payment in lieu of a monthly benefit if the initial monthly benefit computed in accordance with RCW 41.26.420 would […]
RCW 41.26.430 Retirement for service. (1) NORMAL RETIREMENT. Any member with at least five service credit years of service who has attained at least age fifty-three shall be eligible to retire and to receive a retirement allowance computed according to the provisions of RCW 41.26.420. (2) EARLY RETIREMENT. Any member who has completed at least […]
RCW 41.26.432 Additional service credit purchase—Rules. (1) A member eligible to retire under RCW 41.26.430 may, at the time of filing a written application for retirement with the department, apply to the department to make a one-time purchase of up to five years of additional service credit. (2) To purchase additional service credit under this […]
RCW 41.26.435 Transfer of service credit from other retirement system—Enforcement officer for department of fish and wildlife. (1) A member of plan 2 who was a member of the public employees’ retirement system plan 2 or plan 3 while employed as an enforcement officer for the department of fish and wildlife has the option to […]
RCW 41.26.436 Transfer of service credit from other retirement system—Firefighter serving at a prison or civil commitment center on an island. (1) A member of plan 2 or plan 3 who was a member of the public employees’ retirement system while employed by the department of social and health services or the department of corrections […]
RCW 41.26.440 Post-retirement cost-of-living. Beginning July 1, 1979, and every year thereafter, the department shall determine the following information for each retired member or beneficiary whose retirement allowance has been in effect for at least one year: (1) The original dollar amount of the retirement allowance; (2) The index for the calendar year prior to […]
RCW 41.26.450 Port districts and institutions of higher education—Employer and state contributions—Recovery of contributions. (1) Port districts established under Title 53 RCW and institutions of higher education as defined in RCW 28B.10.016 shall contribute both the employer and state shares of the cost of the retirement system for any of their employees who are law […]
RCW 41.26.460 Options for payment of retirement allowances—Retirement allowance adjustment—Court-approved property settlement. (1) Upon retirement for service as prescribed in RCW 41.26.430 or disability retirement under RCW 41.26.470, a member shall elect to have the retirement allowance paid pursuant to the following options, calculated so as to be actuarially equivalent to each other. (a) Standard […]
RCW 41.26.463 Optional actuarially equivalent life annuity benefit—Rules—Definition. (1) At the time of retirement, plan 2 members may purchase an optional actuarially equivalent life annuity benefit from the Washington law enforcement officers’ and firefighters’ system plan 2 retirement fund established in RCW 41.50.075. A minimum payment of twenty-five thousand dollars is required. (2) Retirees, or […]
RCW 41.26.470 Earned disability allowance—Cancellation of allowance—Reentry—Receipt of service credit while disabled—Conditions—Disposition upon death of recipient—Disabled in the line of duty—Total disability—Reimbursement for certain payments—Disabled while providing emergency management services. (1) A member of the retirement system who becomes totally incapacitated for continued employment by an employer as determined by the director shall be eligible […]
RCW 41.26.473 Disabled in the line of duty—Continuation of service credit—Conditions. Those members subject to this chapter who became disabled in the line of duty on or after July 1, 2002, and who received or are receiving benefits under Title 51 RCW or a similar federal workers’ compensation program shall receive or continue to receive […]
RCW 41.26.476 Use of shared leave—Impact on calculation of service credit and final average salary. (1) A member in receipt of employer-authorized shared leave after June 10, 2010, shall receive the same treatment in respect to service credit and final average salary that the member would normally receive if using accrued annual leave or sick […]
RCW 41.26.480 Industrial insurance. Notwithstanding any other provision of law, members shall be eligible for industrial insurance as provided by Title 51 RCW, as now or hereafter amended, and shall be included in the payroll of the employer for such purpose. [ 1977 ex.s. c 294 § 9.] NOTES: Legislative direction and placement—Section headings—1977 ex.s. […]
RCW 41.26.490 Application for and effective date of retirement allowances. Any member or beneficiary eligible to receive a retirement allowance under the provisions of RCW 41.26.430, 41.26.470, or 41.26.510 shall be eligible to commence receiving a retirement allowance after having filed written application with the department. (1) Retirement allowances paid to members under the provisions […]
RCW 41.26.500 Suspension of retirement allowance upon reemployment—Reinstatement—Option to enter into membership. (1) Except under subsection (3) of this section, a retiree under the provisions of plan 2 shall not be eligible to receive such retiree’s monthly retirement allowance if he or she is employed in an eligible position as defined in RCW 41.40.010, 41.32.010, […]
RCW 41.26.510 Death benefits. (1) Except as provided in RCW 11.07.010, if a member or a vested member who has not completed at least ten years of service dies, the amount of the accumulated contributions standing to such member’s credit in the retirement system at the time of such member’s death, less any amount identified […]
RCW 41.26.520 Service credit for paid leave of absence, officers of labor organizations, unpaid leave of absence, military service, death or disability while providing emergency management services. (1) A member who is on a paid leave of absence authorized by a member’s employer shall continue to receive service credit as provided for under the provisions […]
RCW 41.26.530 Vested membership. (1) A member who separates or has separated after having completed at least five years of service may remain a member during the period of such member’s absence from service for the exclusive purpose only of receiving a retirement allowance under the provisions of RCW 41.26.430 if such member maintains the […]
