reglab/statecodes huggingface dataset:
Washington Administrative Code › Title 400 - Puget Sound Partnership › Chapter 400-06 - Communications - Public records › Section 400-06-180 - Request for public record - Form

Current through Register Vol. 24-14, July 15, 2024
STATE OF WASHINGTON
PUGET SOUND PARTNERSHIP
REQUEST FOR PUBLIC RECORD
Date of Request: . . . . . . . . . . ..
Requested By: . . . . . . . . . . ..
. . . . . . . . . . ..
. . . . . . . . . . ..
Public Records or Information Requested: . . . . . . . . . . ..
. . . . . . . . . . ..
. . . . . . . . . . ..
Requester Must Read and Sign:
I understand that I must abide by the rules and regulations published by the Puget Sound Partnership for the protection of public records, a copy of which I have read and understand.
I understand that I will be charged a reasonable fee to reimburse the partnership actual costs associated with fulfilling my request.
Requester's Signature . . . . . . . . . . ..
. . . . . . . . . . ..
Completed by Partnership Public Records Officer:
Date of Receipt: . . . . . . . . . . ..
Number of Copies: . . . . . . . . . . ..
Amount Received: $ . . . . . . . . . . ..
Reason if Partnership is Unable to Comply: . . . . . . . . . . ..
. . . . . . . . . . ..
. . . . . . . . . . ..
Public Records Officer Signature: . . . . . . . . . . ..
Public records of the agency are provided for inspection and copying subject to the following regulations:
(1)
No person shall knowingly alter, deface, or destroy public records of the partnership.
(2)
Original copies of public records of the agency shall not be removed from the offices of the partnership.
(3)
Care and safekeeping of public records of the partnership, furnished pursuant to a request for inspection or copying, shall be the sole responsibility of the requestor.
(4)
Records furnished for public inspection or copying shall be returned in good condition and in the same file sequence or organization as when furnished.
(5)
Boisterous or otherwise disruptive conduct by those requesting public records of the partnership shall not be permitted.
I have read, understand, and will comply with the above-stated regulations.
. . . . . . . . . . ..
(Signature and date)
Statutory Authority: Chapter 90.71 RCW. 10-12-009, §
										400-06-180, filed 5/20/10, effective 6/20/10. Statutory Authority: RCW  42.17.250 through 42.17.320, 1985 c 451 and chapter 90.70 RCW. 86-04-055 (Order 86-02, Resolution No. 5), §
										400-06-180, filed 2/3/86.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-010 - Identification

Current through Register Vol. 24-14, July 15, 2024
The department of retirement systems is a department of state
				  government created by chapter 105, Laws of 1975-'76 2nd ex. sess.
(1) The chief executive officer of the
				department of retirement systems is the director of retirement
				systems.
(2) Members of the public
				may obtain information, make submittals or requests, or obtain copies of agency
				decisions by addressing their requests or submittals to the director of the
				Department of Retirement Systems at P.O. Box 48380, Olympia, Washington, 98504.
				Upon receipt of such a request or submittal, the director shall forward the
				same to the proper officer or employee of the department of retirement systems
				for an appropriate response.
(3)
				Members of the public who wish to inspect and/or copy public records maintained
				by the agency pursuant to
				chapter
				42.56 RCW shall do so in
				accordance with the methods and procedures established in chapter 415-06
				WAC.
Statutory Authority:
					 RCW
					 41.50.050(5). 08-20-068,
					 §
											415-02-010, filed 9/25/08,
					 effective 10/26/08. Statutory Authority:
					 RCW
					 41.50.050. 00-10-016, §
											415-02-010, filed 4/21/00,
					 effective 5/22/00; Order 4, §
											415-02-010, filed
					 7/27/77.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-020 - Authority

Current through Register Vol. 24-14, July 15, 2024
(1) The department
				has the authority, in accordance with
				RCW
				41.50.030, as now or hereafter amended, to
				administer the:
(a) Washington public
				employees' retirement system created by
				chapter
				41.40 RCW;
(b) Washington public safety employees'
				retirement system created by chapter 41.37 RCW;
(c) Washington state teachers' retirement
				system created by
				chapter
				41.32 RCW;
(d) Washington school employees' retirement
				system created by
				chapter
				41.35 RCW;
(e) Washington law enforcement officers' and
				firefighters' retirement system created by
				chapter
				41.26 RCW;
(f) Washington state patrol retirement system
				created by
				chapter
				43.43 RCW;
(g) Washington judicial retirement system
				created by chapter 2.10 RCW; and
(h) Judges retirement fund created by
				chapter
				2.12 RCW.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-030 - Definitions

Current through Register Vol. 24-14, July 15, 2024
This section contains definitions of words and phrases
				  commonly used in the department of retirement systems' rules. It also serves as
				  a directory for finding definitions within the RCW and WAC.
(1)
Accumulated contributions
means the sum of all contributions paid into a member's defined benefit
				account, including interest.
(2)
Appeal
means the proceeding through which a party obtains review
				of a department action in an adjudicative proceeding conducted under chapter
				34.05 RCW (the Administrative Procedure Act) and chapter 415-08 WAC (the
				department's appeal rules).
(3)
Average final compensation
is defined in
				RCW
				41.32.010 (TRS);
				RCW
				41.35.010 (SERS);
				RCW
				41.40.010 (PERS); and
				RCW
				41.37.010 (PSERS).
(4)
Average final salary
for
				WSPRS is defined in
				RCW
				43.43.120.
(5)
Cafeteria plan
means a
				"qualified" employee benefit program under IRC section 125, such as certain
				health and welfare plans.
(6)
Calendar month.
(a) Refers to one
				of the 12 named months of the year, extending from the first day of the named
				month through the last day. For example: January 1st through January 31st is a
				calendar month. February 1st through February 29th is a calendar month in a
				leap year. March 13th through April 12th is
not
a
				calendar month.
(b) Exception: For
				the purpose of administering the break in employment required by
				RCW
				41.32.570,
				41.32.802,
				41.32.862,
				41.35.060,
				41.37.050 and
				41.40.037 for retirees returning
				to work, one calendar month means 30 consecutive calendar days. For example:
				Kim's retirement date is August 1st. August 31st would be the earliest Kim
				could return to work and meet the requirement for a one calendar month break in
				employment.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-050 - State Environmental Policy Act - Interface

Current through Register Vol. 24-14, July 15, 2024
The actions and activities of the department of retirement
				  systems are not major actions significantly affecting the quality of the
				  environment as described in
				  chapter
				  43.21C RCW. All of the
				  activities of the department are exempted from the threshold determination and
				  environmental impact statement requirements of the State Environmental Policy
				  Act (SEPA) by WAC
				  197-11-875.
The responsible official of the agency for the purposes of
				  SEPA is the director.
Statutory Authority:
					 RCW
					 41.50.050. 00-10-016, §
											415-02-050, filed 4/21/00,
					 effective 5/22/00. Statutory Authority:
					 RCW
					 41.50.050(6) and
					 41.50.090. 78-03-023 (Order IV),
					 §
											415-02-050, filed
					 2/15/78.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-060 - What happens if I do not cash a warrant or check?

Current through Register Vol. 24-14, July 15, 2024
(1)
Warrant for defined benefit
				retirement allowance.
A warrant for your monthly retirement allowance
				will be canceled if it is not cashed within the time frame set by
				RCW
				43.08.062. If the warrant is canceled, the
				department will attempt to contact you for instructions. You will not earn
				regular interest on the warrant amount pending reissue of your
				payment.
(2)
Warrant for
				defined benefit withdrawal.
When you request a withdrawal of some or
				all of your defined benefit accumulated contributions:
(a) Once the department issues the warrant
				you will stop receiving regular interest.
(b) Whether payable to you or to a qualified
				investment account, the warrant will be canceled if it is not cashed within the
				time frame set by
				RCW
				43.08.062.
(c) After the department receives notice that
				the warrant has been canceled, the department will attempt to contact you and
				ask for further instructions.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-075 - Is my retirement account subject to correction after retirement or separation from service?

Current through Register Vol. 24-14, July 15, 2024
(1)
When can the department correct a member's record?
The department
				can correct your retirement account at any time when an error has been
				discovered.
(2)
What will
				happen if I have been underpaid?
(a) If
				the underpayment is related to an on-going monthly benefit, the department will
				correct all future payments and compute the additional amount due from prior
				payments and pay you in a lump sum.
Example 1:
Chris retired September 1st and Chris' monthly retirement
				  benefit was initially determined to be $2,500. In November, Chris' former
				  employer reported additional earnings. The department used that additional
				  reporting to recalculate Chris' benefit, which is now set at $2,525 per month.
				  Chris will receive the new amount for the November and future monthly benefits.
				  Chris will also receive a payment of $50 to cover the additional $25 amount for
				  September and October.
(b)
				If the underpayment is related to a one-time payment, the additional amount
				will be paid once identified.
Example 2:
When separating from employment, Sandy chose to withdraw all
				  retirement contributions instead of receiving an on-going benefit at retirement
				  age. After the withdrawal, Sandy's employer submitted $130 of additional
				  retirement contributions that had been deducted from Sandy's paycheck. The
				  department will pay that $130 to Sandy.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-080 - Identification of members

Current through Register Vol. 24-14, July 15, 2024
The department is authorized by the Internal Revenue Code to
				  solicit Social Security numbers. The department uses Social Security numbers as
				  the identifying number for the member file to ensure that any amounts paid from
				  retirement accounts are properly reported to the Internal Revenue Service (IRS)
				  as required by law. Each member of the retirement system is required to supply
				  his or her Social Security number to the department. Failure to do so will not
				  cause the member to lose benefits, but may result in misreporting to the IRS
				  which can lead to adverse tax consequences for the member.
Statutory Authority:
					 RCW
					 41.50.050. 00-10-016, §
											415-02-080, filed 4/21/00,
					 effective 5/22/00. Statutory Authority:
					 RCW
					 41.50.050(6) and
					 41.50.090. 78-03-023 (Order IV),
					 §
											415-02-080, filed
					 2/15/78.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-100 - Can I have my insurance premiums deducted from my retirement allowance?

Current through Register Vol. 24-14, July 15, 2024
(1) The department
				will accept requests by retirees to deduct insurance premiums from retirement
				allowances if the retiree's insurance provider has at least 25 such retirees
				enrolled in a deduction program and has an established agreement with the
				department.
(2) The department may
				suspend deductions if the provider has fewer than 25 participants and remains
				under 25 participants for more than 90 days.
(3) This rule applies to all retirement
				systems administered by the department.
Statutory Authority:
					 RCW
					 41.50.050(5). 07-22-026,
					 §
											415-02-100, filed 10/26/07,
					 effective 11/26/07; 06-21-001, §
											415-02-100, filed 10/4/06,
					 effective 11/4/06. Statutory Authority:
					 RCW
					 41.50.050. 00-10-016, §
											415-02-100, filed 4/21/00,
					 effective 5/22/00. Statutory Authority:
					 RCW
					 41.50.050(5) and
					 41.50.090. 84-24-017 (Order V),
					 §
											415-02-100, filed
					 11/28/84.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-115 - How is separation determined for retirement eligibility?

Current through Register Vol. 24-14, July 15, 2024
(1)
Have I
				separated from service?
All retirement plans administered by the
				department of retirement systems require a separation from service before you
				are eligible to begin receiving retirement benefits. This is consistent with
				Internal Revenue Service (IRS) requirements for distributions from qualified
				retirement plans. In accordance with the IRS interpretation, you have separated
				from service only when you have ended the employment relationship without any
				reasonable expectation between you and your employer that you will return to
				work for the same employer in any capacity (including in an eligible or
				ineligible position or as an independent contractor).
(2)
How will the department determine
				if separation from service occurred?
The department will examine the
				facts and circumstances on a case-by-case basis to determine whether separation
				occurred. No single factor is determinative. Factors to be considered may
				include, without limitation, the following:
(a) Was there a prior agreement between you
				and your employer that you would return to work for that employer? If there was
				an understanding between you and your employer that you would perform services
				for that employer at a later date, you have not separated from service. Such
				understanding may be written or unwritten; it may be contractual or
				noncontractual in nature.
(b) How
				long was your absence? If your absence from work was less than thirty days, the
				department will presume that separation did not occur unless the employer
				provides enough information to disprove the presumption. An absence from work
				longer than thirty days is not sufficient proof that separation did occur if
				other factors indicate that an agreement existed for you to return to work for
				the same employer.
(c) Did your
				employer conduct a competitive hiring process to fill your vacated
				position?
(d) Were your actions and
				your employer's actions consistent with the expectation that your absence from
				work was total and permanent? For example: Was access to the employer's
				facilities, computer systems, and your personal email and voice mail accounts
				terminated? Were your leave accruals cashed out? Did you remove all of your
				personal belongings from the employer's premises?
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-120 - Investigative subpoenas

Current through Register Vol. 24-14, July 15, 2024
(1)
				During the course of the administration of its duties, including, but not
				limited to, audit or investigation, the department may issue a subpoena under
				RCW
				41.50.137. The department may direct the
				subpoena to any employer, member, person or entity (served party) who may
				possess information which is relevant and material to compel the party to:
(a) Appear and give testimony;
				and/or
(b) Produce any books,
				papers, correspondence, memoranda, or other documents, which the department
				deems relevant and material.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-130 - Will I receive retirement account information?

Current through Register Vol. 24-14, July 15, 2024
(1) Your total service credit, earned by
				calendar month, is available in accordance with
				RCW
				41.50.065 via a personal account on the DRS
				web site. DRS will remind you of the availability of service credit information
				in your online account with an annual notification on the DRS web site.
The department will provide you with a paper copy of your
				  service credit upon request.
(2) Service credit is based on information
				provided to DRS by your employer, and is subject to correction.
Statutory Authority:
					 RCW
					 41.50.050(5) and
					 41.50.065. 12-12-047, §
											415-02-130, filed 6/1/12,
					 effective 7/2/12; 02-03-120, §
											415-02-130, filed 1/23/02,
					 effective 3/1/02. Statutory Authority:
					 RCW
					 41.50.050. 00-10-016, §
											415-02-130, filed 4/21/00,
					 effective 5/22/00.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-140 - What is excess compensation and how is the employer's excess compensation billing calculated?

Current through Register Vol. 24-14, July 15, 2024
(1)
What is excess compensation?
Excess compensation refers to certain
				payments from an employer to an employee when the payment is used in the
				calculation of the employee's retirement allowance. The following payments are
				excess compensation when they are reportable compensation and used in the
				calculation of the employee's retirement allowance:
(a) A cash out of unused annual leave in
				excess of two hundred forty hours;
(b) A cash out of other forms of leave,
				including sick leave and holiday leave;
(c) A payment for a personal expense, if the
				payment qualifies as reportable compensation in the employee's own retirement
				system;
(d) That portion of any
				payment, such as an overtime or incentive payment, that exceeds twice the
				employee's regular rate of pay for the period of time that the overtime or
				incentive payment applies; and
(e)
				A termination or severance payment.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-150 - How is regular interest credited to Plan 1 and Plan 2 individual accounts?

Current through Register Vol. 24-14, July 15, 2024
The director has the statutory authority to set the terms of
				  regular interest and modify those terms consistent with
				  RCW
				  41.50.033. This rule summarizes how regular
				  interest is credited to Plan 1 and Plan 2 individual accounts effective July 1,
				  2022.
(1) You are required to make
				contributions to your retirement plan each pay period.
(2) The department maintains an individual
				account in your name. In your individual account, the department tracks your
				contributions and the regular interest credited to your account consistent with
				this rule. Taken together, your contributions plus the regular interest that
				has been credited to your account are defined to be your accumulated
				contributions.
(3) Amounts in your
				individual account (both contributions and previously credited regular
				interest) accrue regular interest daily at the rate currently in effect. As
				long as your individual account is in existence, regular interest will continue
				to accrue, regardless of whether or not you are in active employment.
(4) Regular interest is calculated and
				credited to your account periodically.
(a) In
				WSPRS, regular interest is calculated and credited monthly, on the last day of
				the month. (If you withdraw your accumulated contributions mid-month, the
				department will calculate and credit your account with the regular interest
				accrued during the partial month prior to your withdrawal.)
(b) In all other plans 1 and 2, regular
				interest is calculated and credited quarterly. (If you withdraw your
				accumulated contributions or transfer your accumulated contributions to another
				plan mid-quarter, the department will calculate and credit your account with
				the regular interest accrued during the partial quarter prior to your
				withdrawal or transfer.)
(c)
				Because regular interest is calculated on both your contributions and
				previously credited regular interest, regular interest is compound
				interest.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-160 - Will postretirement employment performed during a period of emergency affect my retirement benefit?

Current through Register Vol. 24-14, July 15, 2024
During a period of emergency proclaimed by the governor under
				  RCW
				  43.06.010(12) regarding the
				  COVID-19 pandemic, and for which the governor has waived or suspended
				  applicable statutory limitations, public service employment performed by a
				  retiree shall not cause a suspension or reduction of retirement
				  benefits.
For the purpose of this section, a "period of emergency"
				  includes only the following: COVID-19 pandemic, for the period covered by the
				  governor's proclamation.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-173 - How is my benefit affected if I return to work and am impacted by more than one annual hourly limit?

Current through Register Vol. 24-14, July 15, 2024
(1)
How is
				my benefit affected if I return to work in positions with two different
				employers that qualify for more than one annual hourly limit?
If you return to work in more than one position, and the
				  positions have different annual hourly limits, you will be limited to the
				  highest annual hourly limit for all positions combined.
Examples:
Don is retired from teachers'
				  retirement system (TRS) 2 and returned to work as a teacher. Don's
				  nonadministrative TRS position at a school district has an annual limit of
				  1,040 hours. While working at the school district Don also takes a position at
				  a state agency. The state agency position is a public employees' retirement
				  system (PERS) position and is subject to an annual limit of 867 hours. Don's
				  annual hourly limit remains at 1,040 hours . Don later separates from the TRS
				  nonadministrative school district position and Don's annual hourly limit of
				  1,040 hours remains in effect for the remainder of the current calendar year.
				  Don's limit will be 867 hours the following year if he continues in the PERS
				  position.
Pat is a 2008 ERF retiree, who returned to work as a driver
				  for the department of transportation (DOT) in a PERS position with an annual
				  limit of 867 hours. Pat gets a second job, working as a bus driver for a school
				  district. The nonadministrative position in the school employees' retirement
				  system (SERS) is subject to an annual limit of 1,040 hours. Pat's benefit is
				  governed by the highest limit, in this case the SERS bus driver position at the
				  school district. Pat's annual limit will be 1,040 hours in a calendar
				  year.
(2)
If I
				receive pension payments from more than one DRS administered retirement system,
				and each system has different annual hourly limits, how will my benefit be
				affected?
If you are retired from multiple DRS systems, each of your
				  benefits will be affected according to rules of the respective system.
Example:
Alex retired from two systems, PERS and
				  SERS, and returned to work as a bus driver in a SERS-eligible position at a
				  school district after the mandatory 30-day break. Alex's two benefits will be
				  impacted differently.
* PERS - To qualify for the 1,040-hour annual hourly limit in
				  PERS, you need a 100-day break in service. Alex only has a 30-day break before
				  returning to work, so Alex's PERS benefit will be subject to an 867-hour
				  limit.
* SERS - Alex's SERS benefit does not require the 100-day
				  break. So, Alex's annual hourly limit for the SERS benefit will be 1,040
				  hours.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-175 - May I establish service credit for the time I was on an unpaid authorized leave of absence?

Current through Register Vol. 24-14, July 15, 2024
(1)
Will
				I get service credit for the time I was on an unpaid authorized leave of
				absence?
You will receive service credit for the period of time you are
				on an unpaid authorized leave of absence, up to a maximum of twenty-four
				service credit months during your entire working career, provided all of the
				following apply:
(a) You are a member of LEOFF
				Plan 2, PERS Plan 2 or 3, PSERS, SERS Plan 2 or 3, or TRS Plan 2 or
				3;
(b) Your leave of absence was
				authorized by your employer;
(c)
				You resumed employment according to the requirements in subsection (3) of this
				section; and
(d) You establish the
				service credit for the period of leave according to the provisions in this
				section.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-177 - May I purchase additional service credit?

Current through Register Vol. 24-14, July 15, 2024
(1)
What is
				the option for purchasing additional service credit?
The following
				statutes provide an option for eligible members to purchase additional service
				credit that provides a guaranteed, lifetime increase to their monthly
				retirement benefit:
(a)
										RCW
				41.26.199 for LEOFF Plan 1 members;
(b)
										RCW
				41.26.432 for LEOFF Plan 2 members;
(c)
										RCW
				41.40.034 for PERS Plan 1, 2, and 3
				members;
(d)
										RCW
				41.37.265 for PSERS Plan 2 members;
(e)
										RCW
				41.35.183 for SERS Plan 2 and 3
				members;
(f)
										RCW
				41.32.066 for TRS Plan 1, 2, and 3 members;
				and
(g)
										RCW
				43.43.233 for WSPRS Plan 1 and 2
				members.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-180 - Is it possible to receive more than one month of service credit in a single retirement plan for a calendar month?

Current through Register Vol. 24-14, July 15, 2024
You may not receive more than one month of service credit for
				  a calendar month, or twelve months of service credit during a service credit
				  year, in any one retirement plan.
This includes, but is not limited to, receiving more than one
				  month of service credit during a calendar month for:
(1) Working in two or more positions covered
				by the same retirement system;
(2)
				Military service and service as an employee in the same month;
(3) Purchasing service credit for a period of
				paid or unpaid leave that occurred during the same month you earned service
				credit for service as an employee;
(4) Serving as an elected or appointed
				official during the same month you earned service credit for service as an
				employee; or
(5) Working more than
				the minimum number of hours required to earn one month of service credit.
EXAMPLE:
Mary, a PERS 1 member, worked full time for the
								department of retirement systems continuously for five years from January 1,
								1996, through December 31, 2000. During the same period, she worked evenings
								and Saturdays (full time) in a PERS eligible position for the department of
								licensing. Mary earned a total of five years of service credit, which is the
								maximum service credit a member may earn in a five-year period.
Statutory Authority:
					 RCW
					 41.50.050(5). 05-13-045,
					 §
											415-02-180, filed 6/9/05,
					 effective 7/10/05.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-200 - Can I transfer former LEOFF Plan 1 service?

Current through Register Vol. 24-14, July 15, 2024
If you are a member of PERS, TRS, SERS, or WSPRS, and you
				  have previously established service credit in LEOFF Plan 1, you may
irrevocably
choose to transfer your LEOFF Plan 1 service to
				  your current retirement system and plan subject to the following
				  conditions:
(1) The choice to transfer
				service must be filed in writing with the department no later than one year
				from the date you become employed by a PERS, TRS, SERS, or WSPRS employer in an
				eligible position.
(2) If you
				transfer your service credit under this section:
(a) You will forfeit (lose) all rights to
				benefits as a LEOFF Plan 1 member and will be permanently excluded from
				membership.
(b) Your transferred
				service will
not apply
to the eligibility requirements for
				military service credit as defined in
				RCW
				41.40.170(3) for PERS Plan 1
				or in
				RCW
				43.43.260(3) for WSPRS Plan
				1.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-210 - What is an indexed retirement allowance?

Current through Register Vol. 24-14, July 15, 2024
If you are a member of an indexed retirement plan as defined
				  in WAC
				  415-02-030 and have
				  at least 20 years of service credit when you leave employment, your pension
				  benefit will increase by three percent for each year you delay receiving it, up
				  to your full retirement age. The increased amount is referred to as an indexed
				  retirement allowance.
(1)
How
				will my indexed retirement allowance be calculated?
If there is a period
				of at least one month between your separation from employment in the plan and
				your date of retirement, the department will calculate your indexed retirement
				allowance in the following way:
Using the average salary, increase the retirement allowance
				  from the date both of the following have occurred and end on the last day of
				  the month prior to attainment of the full retirement age.
(a) Separation from the retirement plan;
				and
(b) Accrual of 20 years of
				service credit.
Example: A PERS Plan 3 member separates December 24, 2017,
				  with 23 years of service credits at age 63 and defers receiving their
				  retirement until age 65, January 1, 2019. This member will receive indexing
				  starting January 2018 through December 2018 (12 months of indexing).
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-250 - Retiree medical accounts established under Internal Revenue Code (IRC) section 401(h)

Current through Register Vol. 24-14, July 15, 2024
RCW
				  41.26.470(10),
				  41.26.510(5), and
				  43.43.285(2)(b) 
				  authorizes LEOFF Plan 2 and WSPRS Plan 1/2 to provide reimbursement to eligible
				  retirees and/or to their eligible survivors for certain medical insurance
				  premiums. These reimbursements are authorized by IRC section 401(h), subject to
				  the IRC and federal regulations.
(1)
How is the money to fund these benefits held by the state?
Pursuant to IRC section 401(h), there is established a retiree medical account
				within the trust fund of each of the respective plans. The money to fund the
				foregoing reimbursements for medical insurance premiums is held in these
				"retiree medical accounts." The assets in each of these retiree medical
				accounts shall be accounted for separately from other trust funds. There are no
				individual member accounts within a retiree medical account.
(2)
How are the assets in the retiree
				medical accounts invested?
The assets in the retiree medical accounts
				are commingled with other trust fund accounts for investment purposes. Portions
				of the investment expenses and investment earnings for the commingled
				investments are allocated to the retiree medical accounts on a reasonable
				basis.
(3)
How are assets in
				the retiree medical accounts used?
(a)
				Assets in the retiree medical accounts are held in trust for the exclusive
				benefit of eligible retirees and their eligible survivors.
(b) The assets of the respective retiree
				medical accounts shall be used only for the payment of the benefits provided in
				RCW
				41.26.470(10),
				41.26.510(5), and
				43.43.285(2)(b),
				and the expenses of administering these sections. Assets in the retiree medical
				accounts may not be used for any other retirement benefit provided by
				chapters
				41.26 and
				43.43 RCW or any other
				purpose.
(c) If any individual
				forfeits an interest in the benefits provided in
				RCW
				41.26.470(10),
				41.26.510(5), and
				43.43.485(2)(b), the money in the retiree medical account shall be used to
				provide benefits to those who remain eligible.
(d) Upon satisfaction of all liabilities
				under RCW
				41.26.470(10),
				41.26.510(5), and
				43.43.285(2)(b),
				any assets in a retiree medical account that are not used as provided in (b) of
				this subsection shall be transferred to the department of retirement systems'
				(DRS) expense fund for the benefit of employers, as required by IRC section
				401(h)(5).
(e) These benefits are
				subordinate to the retirement benefits provided by the plan.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-260 - What happens to my monthly retirement benefit when I die?

Current through Register Vol. 24-14, July 15, 2024
If a survivor benefit will not be paid on your account, a
				  prorated portion of your defined benefit for the month of your death will be
				  paid to your estate. Any contributions that have not been paid in retirement
				  benefits will be paid to your beneficiary. If your named beneficiaries have all
				  predeceased you, remaining contributions will be paid to your estate. Amounts
				  you owe the department, if any, will be subtracted from your account prior to
				  payments being made to your beneficiary or estate.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › GENERAL RULES AFFECTING MULTIPLE PLANS AND SYSTEMS › Section 415-02-261 - What happens if a beneficiary disclaims a lump sum benefit?

Current through Register Vol. 24-14, July 15, 2024
(1) A beneficiary may disclaim a payment in
				writing with the department as prescribed by the department. If the beneficiary
				was a primary beneficiary and there are other living primary beneficiaries, the
				disclaimed benefit will be split among the other primary beneficiaries in the
				same proportion (rounded) awarded by the member or retiree.
(2) General formula: A member has
n
beneficiaries, with each beneficiary receiving a percentage
				and the total percentage equal to 100. When one beneficiary disclaims their
				benefit, there are then
n-1
beneficiaries. The sum of these
				percentages is now less than 100. To determine the new percentages, divide the
				original percentage for each beneficiary by the new total of the remaining
				percentages.
Example: Chris has listed three people as primary
				  beneficiaries: Tom at 34 percent, Carl at 33 percent, and Wilma at 33 percent.
				  Chris passed away. Tom disclaims the benefit with the department. Carl and
				  Wilma each receive 50 percent of the contributions.
Example: Chris has listed three people as primary
				  beneficiaries: Tom at 50 percent, Carl at 25 percent, and Wilma at 25 percent.
				  Chris passed away. Carl disclaims the benefit with the department. Tom receives
				  67 percent and Wilma 33 percent of the contributions.
Example: Chris has listed four people as primary
				  beneficiaries: Tom at 40 percent, Carl at 30 percent, Wilma at 20 percent, and
				  Liam at 10 percent. Chris passed away. Carl disclaims their 30 percent of the
				  benefit with the department. Tom receives 57 percent (40 divided by 70), Wilma
				  receives 29 percent (20 divided by 70) and Liam receives 14 percent (10 divided
				  by 70) of the contributions.
Example: Chris has listed four people as primary
				  beneficiaries with the following percentages: Person A with "a" percent, person
				  B with "b" percent, person C with "c" percent, and person D with "d"
				  percent.
Chris passed away. Person B disclaims the benefit with the
				  department. Person A receives a/(a+c+d), person C receives c/(a+c+d), and
				  person D receives d/(a+c+d).
(3) If the primary beneficiary disclaims the
				benefit and there are no other primary beneficiaries, the benefit will pass to
				the contingent beneficiary designation made by the member or retiree. If there
				are no contingents, it will pass to the estate of the retiree or per the
				succession in law for the retirement system and plan of the member.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › ACTUARIAL FACTORS AND SCHEDULES › Section 415-02-300 - How does the department adopt and use actuarial factors?

Current through Register Vol. 24-14, July 15, 2024
(1) The department
				uses actuarial tables, schedules, and factors for, but not limited to, benefit
				calculations, annuitizing benefits, and calculating cost to purchase service
				credit for members, retirees, and beneficiaries.
(2) The department adopted tables, schedules,
				and 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.
(3) The tables,
				schedules, and factors may be amended from time to time, based upon subsequent
				actuarial investigation.
(4) The
				department uses the tables, schedules, and factors:
(a) In effect at the time of the member's
				effective retirement date to calculate the member's retirement
				benefit.
(b) In effect at the time
				of the annuitizing to calculate an annuitized benefit.
(c) In effect at the time of purchase to
				determine a member's cost to purchase service credit.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › ACTUARIAL FACTORS AND SCHEDULES › Section 415-02-310 - How does the department use my age in calculating benefits?

Current through Register Vol. 24-14, July 15, 2024
This section provides an overview of the several different
				  ways in which the department uses age in calculating benefits. The department
				  may use your age to determine your retirement date, early retirement factors to
				  apply, survivor factors, or cost-of-living (COLA) adjustment factors.
(1)
Present value:
The
				department uses a rounding method to determine your age when calculating what
				your future lifetime monthly benefit is worth in present-day dollars. If the
				number of months in your age is under six months, the department will round
				down. If the number is six months or more, the department will round up. See
				WAC 415-02-340 for more information
				about the present value calculations.
Example 1:
At the time that the department is calculating Sharon's age
				  in making a present value calculation, Sharon is 55 years, 5 months and 26 days
				  old. The department will round down and use 55 as Sharon's age.
Example 2:
At the time that the department is calculating Donna's age in
				  making a present value calculation, Donna is 54 years and 7 months old. The
				  department will round up and use 55 as Donna's age.
(2)
Early retirement:
The
				department uses the difference between the date you are eligible for normal
				retirement and your date of actual retirement to calculate any actuarial
				reduction to your benefit. See WAC
				415-02-320 for more information
				about early retirement.
(a)
Step 1: The
				department determines the date you are eligible for normal retirement.
(i)
All plans
(except for LEOFF
				Plan 1, TRS Plan 1, WSPRS Plans 1 and 2, JRF and JRS): You can retire the first
				day of the month following your meeting the age requirement for retirement if
				you are otherwise eligible.
Example:
Jake was born on May 12, 1941. On May 12, 2006,
								Jake reached age 65 and met the age requirement for retirement. Provided that
								he is otherwise eligible, Jake's retirement date is June 1, 2006.
(ii)
LEOFF Plan 1, TRS Plan 1, WSPRS Plans 1 and 2, JRF, and JRS:
If a
				retirement date other than the first of the month is allowed, you can retire on
				the day you meet the age requirement, or the following day (depending on the
				plan).
Example:
If Jake is a member of this type of plan, he could
								retire May 12th or 13th, 2006 (his birthday or the day after his
								birthday).
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › ACTUARIAL FACTORS AND SCHEDULES › Section 415-02-320 - Early retirement factors

Current through Register Vol. 24-14, July 15, 2024
(1)
What are early retirement
				factors?
Early retirement factors (ERFs) are used by the department to
				reduce a monthly retirement benefit when that payment begins before the member
				has qualified for normal retirement based on age and service. This reduction
				offsets the cost to the plan of paying the monthly benefit for a longer
				time.
(2)
In what situations
				will the department use an ERF?
(a)
				The department will use an ERF to reduce a monthly benefit in any of the
				following situations, subject to the law governing your plan, and subject to
				the exceptions in (b) of this subsection:
(i)
				You choose to retire early.
(ii)
				You retire due to a disability before you are eligible for normal
				retirement.
(iii) You die before
				you are eligible for normal retirement, and your beneficiary is eligible for a
				monthly benefit.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › ACTUARIAL FACTORS AND SCHEDULES › Section 415-02-325 - 2008 Early retirement factors

Current through Register Vol. 24-14, July 15, 2024
(1)
What are the 2008 early retirement
				factors?
In chapter 491, Laws of 2007, the legislature created optional
				early retirement factors (ERFs) for members retiring on or after September 1,
				2008. Referred to as the 2008 ERFs, these optional factors are available to
				Plan 2 and Plan 3 members of the following retirement systems: Public
				employees' retirement system (PERS); school employees' retirement system
				(SERS); and teachers' retirement system (TRS). The 2008 ERFs provided a higher
				retirement benefit than the three percent ERFs, but imposed stricter return to
				work rules. Effective January 1, 2024, the stricter return to work rules were
				removed and eligible retirees who retired under the three percent ERFs will
				have or have had their benefit recalculated under the 2008 ERFs.
(2)
If I retire before age 65 using the
				2008 ERFs, how will my benefit be calculated?
Your normal (age 65)
				retirement benefit will be multiplied by the factor shown in the following
				table, based on your age at the time of your early retirement.
Retirement Age
2008 Early Retirement Factor
55
0.80
56
0.83
57
0.86
58
0.89
59
0.92
60
0.95
61
0.98
62
1.00
63
1.00
64
1.00
65
1.00
(3)
Am I eligible for the 2008 ERFs?
Plan 2 and Plan 3 members of
				PERS, SERS, and TRS, who entered membership prior to May 1, 2013, must be at
				least age 55 and have at least 30 service credit years to be eligible for
				retirement using the 2008 ERFs.
(4)
What are the return to work rules if I retire under the 2008 ERFs?
Please refer to WAC
				415-108-710,
				415-110-710, and
				415-112-525 for specific system
				rules.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-02 - General provisions › ACTUARIAL FACTORS AND SCHEDULES › Section 415-02-340 - Monthly benefit per $1.00 of accumulation for defined benefit plans

Current through Register Vol. 24-14, July 15, 2024
(1)
How does
				the department use the information in the table called "monthly benefit per
				$1.00 of accumulation for defined benefit plans"?
The department uses
				this information to:
(a) Determine what a
				future lifetime monthly benefit is worth in present-day dollars;
(b) Determine the equivalent value of a lump
				sum when compared with monthly payments;
(c) Determine the cost of purchasing
				additional service credit as described in WAC
				415-02-177(7);
				and
(d) For TRS Plan 1 only:
				Determine the reduction in the monthly retirement benefit if some or all of the
				accumulated contributions in a member's individual account are withdrawn at
				retirement pursuant to
				RCW
				41.32.498.