RCW 41.37.170 Options for payment of retirement allowances—Court-approved property settlement. (1) Upon retirement for service as prescribed in RCW 41.37.210 or retirement for disability under RCW 41.37.230, a member shall elect to have the retirement allowance paid pursuant to one of the following options, calculated so as to be actuarially equivalent to each other. (a) […]
RCW 41.37.180 Suspension of retirement allowance upon reemployment—Exceptions—Reinstatement. (1) Except as provided in RCW 41.37.050, a retiree shall not be eligible to receive the retiree’s monthly retirement allowance if he or she is employed in an eligible position as defined in RCW 41.37.010, or RCW 41.35.010, 41.40.010, or 41.32.010, or as a law enforcement officer […]
RCW 41.37.190 Computation of retirement allowance. A member of the retirement system shall receive a retirement allowance equal to two percent of such member’s average final compensation for each service credit year of service. [ 2004 c 242 § 25.]
RCW 41.37.200 Lump sum retirement allowance—Reentry—Reinstatement of service. (1) The director may pay a member eligible to receive a retirement allowance or the member’s beneficiary, subject to 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 41.37.190 would be […]
RCW 41.37.210 Retirement eligibility. (1) NORMAL RETIREMENT. Any member with at least five service credit years who has attained at least age sixty-five shall be eligible to retire and to receive a retirement allowance computed according to RCW 41.37.190. (2) UNREDUCED RETIREMENT. Any member who has completed at least ten service credit years in the […]
RCW 41.37.220 Employer and member contribution rates. The required contribution rates to the retirement system for both members and employers shall be established by the director from time to time as may be necessary upon the advice of the state actuary. The state actuary shall use the aggregate actuarial cost method to calculate contribution rates. […]
RCW 41.37.230 Disability allowance—Actuarial reduction—Total disability in the line of duty—Disposition upon death of recipient. (1)(a) A member of the retirement system with at least ten years of service in the public safety employees’ retirement system who becomes totally incapacitated for continued employment as an employee by an employer, as determined by the department, shall […]
RCW 41.37.240 Application for and effective date of retirement allowances. Any member or beneficiary eligible to receive a retirement allowance under RCW 41.37.210, 41.37.230, or 41.37.250 shall be eligible to commence receiving a retirement allowance after having filed written application with the department. (1) Retirement allowances paid to members under RCW 41.37.210 shall accrue from […]
RCW 41.37.250 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 that member’s credit in the retirement system at the time of the member’s death, less any amount identified […]
RCW 41.37.260 Leaves of absence, military service. (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 RCW 41.37.190 through 41.37.290. (2) A member who receives compensation from an employer while on an authorized leave of absence to serve […]
RCW 41.37.265 Purchase of additional service credit—Costs—Rules. (1) A member eligible to retire under RCW 41.37.210 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 […]
RCW 41.37.270 Vested membership. A member who separates or has separated after having completed at least five years of service may remain a member during the period of the member’s absence from service for the exclusive purpose only of receiving a retirement allowance under RCW 41.37.210 if the member maintains the member’s accumulated contributions intact. […]
RCW 41.37.280 Refund of contributions. A member who ceases to be an employee of an employer except by service or disability retirement may request a refund of the member’s accumulated contributions. The refund shall be made within ninety days following the receipt of the request and notification of termination through the contribution reporting system by […]
RCW 41.37.290 Reentry. (1) A member, who had left service and withdrawn the member’s accumulated contributions, shall receive service credit for prior service if the member restores all withdrawn accumulated contributions together with interest since the time of withdrawal as determined by the department. The restoration of funds must be completed within five years of […]
RCW 41.37.295 Purchase of life annuity benefit. (1) At the time of retirement, a plan 2 member may purchase an optional actuarially equivalent life annuity benefit from the public safety employees’ retirement system plan 2 fund established in RCW 41.50.075. A minimum payment of five thousand dollars is required. (2) Subject to rules adopted by […]
RCW 41.37.300 Election to transfer public employees’ retirement system service credit—Eligibility—Retroactive to July 1, 2006. (1) An employee [All employees] may elect to have their public employees’ retirement system service credit transferred to the public safety employees’ retirement system if: (a) They worked under a written employment contract prior to January 1, 2017, that defined […]
RCW 41.37.301 Election to transfer public employees’ retirement system service credit—Certain employees providing nursing care. (1) An employee of an employer as defined in RCW 41.37.010(12) who was a member of the public employees’ retirement system plan 2 or plan 3 before January 1, 2019, and on January 1, 2019, meets the eligibility requirements as […]
RCW 41.37.900 Benefits not contractual right until July 1, 2006. The benefits provided pursuant to chapter 242, Laws of 2004 are not provided to employees as a matter of contractual right prior to July 1, 2006. The legislature retains the right to alter or abolish these benefits at any time prior to July 1, 2006. […]
RCW 41.37.901 Effective date—2004 c 242. This act takes effect July 1, 2006. [ 2004 c 242 § 65.]
RCW 41.37.902 Construction—Chapter applicable to state registered domestic partnerships—2009 c 521. For the purposes of this chapter, the terms spouse, marriage, marital, husband, wife, widow, widower, next of kin, and family shall be interpreted as applying equally to state registered domestic partnerships or individuals in state registered domestic partnerships as well as to marital relationships […]
