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41.40.610 – Provisions applicable to plan 2.

RCW 41.40.610 Provisions applicable to plan 2. RCW 41.40.620 through 41.40.750 shall apply only to plan 2 members. [ 2000 c 247 § 201; 1991 c 35 § 97; 1977 ex.s. c 295 § 2.] NOTES: Intent—1991 c 35: See note following RCW 41.26.005. Legislative direction and placement—1977 ex.s. c 295: “Sections 1 through 15 […]

41.40.620 – Computation of the retirement allowance.

RCW 41.40.620 Computation of the 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. [ 1991 c 343 § 10; 1977 ex.s. c 295 § 3.] NOTES: Findings—Effective dates—1991 c 343: See notes following […]

41.40.630 – Retirement for service.

RCW 41.40.630 Retirement for service. (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 the provisions of RCW 41.40.620. (2) EARLY RETIREMENT. Any member who has completed at least twenty service […]

41.40.633 – Member with terminal illness—Removal from system.

RCW 41.40.633 Member with terminal illness—Removal from system. (1) Upon application of the member, a member who is diagnosed with a terminal illness shall be removed from the system subject to the following conditions: (a) That the medical adviser, after a medical examination of the member made by or under the direction of the medical […]

41.40.640 – Post-retirement cost-of-living.

RCW 41.40.640 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 […]

41.40.660 – Options for payment of retirement allowances—Retirement allowance adjustment—Court-approved property settlement.

RCW 41.40.660 Options for payment of retirement allowances—Retirement allowance adjustment—Court-approved property settlement. (1) Upon retirement for service as prescribed in RCW 41.40.630 or retirement for disability under RCW 41.40.670, 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 […]

41.40.670 – Earned disability allowance—Applicability to certain judges—Disposition upon death of recipient.

RCW 41.40.670 Earned disability allowance—Applicability to certain judges—Disposition upon death of recipient. (1) A member of the retirement system who becomes totally incapacitated for continued employment by an employer as determined by the department upon recommendation of the department shall be eligible to receive an allowance under the provisions of RCW 41.40.610 through 41.40.740. The […]

41.40.680 – Application for and effective date of retirement allowances.

RCW 41.40.680 Application for and effective date of retirement allowances. Any member or beneficiary eligible to receive a retirement allowance under the provisions of RCW 41.40.630, 41.40.670, or 41.40.700 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 […]

41.40.690 – Suspension of retirement allowance upon reemployment—Exceptions—Reinstatement.

RCW 41.40.690 Suspension of retirement allowance upon reemployment—Exceptions—Reinstatement. (1) Except as provided in RCW 41.40.037, no retiree under the provisions of plan 2 shall 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, 41.37.010, or 41.35.010, or as a […]

41.40.700 – Death benefits.

RCW 41.40.700 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 […]

41.40.720 – Vested membership.

RCW 41.40.720 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 such member’s absence from service for the exclusive purpose only of receiving a retirement allowance under the provisions of RCW 41.40.630 if such member maintains the member’s […]

41.40.730 – Refund of contributions.

RCW 41.40.730 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 […]

41.40.740 – Reentry.

RCW 41.40.740 Reentry. (1) A member, who had left service and withdrawn the member’s accumulated contributions, shall receive service credit for such 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 such funds must be completed within five […]

41.40.748 – Commercial vehicle enforcement officers—Limited optional transfer to Washington state patrol retirement system.

RCW 41.40.748 Commercial vehicle enforcement officers—Limited optional transfer to Washington state patrol retirement system. (1) Active members of the Washington state patrol retirement system who have previously established service credit in the public employees’ retirement system plan 2 while employed in the state patrol as a commercial vehicle enforcement officer, and who became a commissioned […]

41.40.749 – Certain commissioned officers—Limited optional transfer to Washington state patrol retirement system.

RCW 41.40.749 Certain commissioned officers—Limited optional transfer to Washington state patrol retirement system. (1) Active members of the Washington state patrol retirement system who have previously established service credit in the public employees’ retirement system plan 2 while employed in the state patrol as either (a) a commercial vehicle enforcement officer who then became a […]