reglab/statecodes huggingface dataset:
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-417 - How do I purchase service credit in a qualified defined benefit retirement plan?

Current through Register Vol. 24-14, July 15, 2024
(1)
What
				is allowed.
Subject to the requirements of the receiving retirement
				plan, you may make a direct transfer of funds from your deferred compensation
				account to purchase, restore, or reinstate service credit in any qualified
				defined benefit government retirement plan.
(2)
Who is eligible.
You may
				transfer funds, whether or not you are employed at the time of the
				transfer.
(3)
How to request
				a transfer.
(a) You may request a
				transfer by submitting a completed form to the department.
(b) Forms are available through the
				department or on its web site.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-418 - May I transfer pretax and Roth balances within the plan?

Current through Register Vol. 24-14, July 15, 2024
An in-plan conversion allows you to convert your pretax
				  balance to your Roth account within the plan. This conversion results in the
				  amount being reported as income in the year of conversion which may result in a
				  tax liability for you. There are no taxes withheld by the recordkeeper at the
				  time of the in-plan conversion. Once it is completed, the in-plan conversion
				  cannot be reversed. There is no limit to the number of times an in-plan
				  conversion can be done.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-420 - What are the deferral limits?

Current through Register Vol. 24-14, July 15, 2024
(1) The minimum
				deferral for DCP is:
(a) Thirty dollars per
				month; or
(b) A whole percentage of
				monthly compensation for each deferral type (Roth and pretax). This means if
				you were contributing to both options, you would be contributing at least one
				percent to Roth and one percent to pretax, or at least $30 as a combined
				minimum for both.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-440 - How are deferral limits monitored?

Current through Register Vol. 24-14, July 15, 2024
(1) Employers will monitor deferrals to
				ensure that amounts deferred comply with the the annual deferral limit in WAC
				415-501-420 and the age-50
				catch-up deferral limit.
(2) The
				department may also monitor deferrals and has the authority to disallow
				deferral of compensation in excess of the limits.
(3) You must also monitor your deferrals to
				ensure that combined deferrals in two or more deferred compensation plans do
				not exceed the deferral limits.
(4)
				If the plan determines that your deferrals into the plan have exceeded the
				deferral limit, the excess deferrals will be distributed to you as soon as
				administratively practicable.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-440, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, amended and recodified as §
											415-501-440, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-512-040, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-450 - May I change my deferral amount?

Current through Register Vol. 24-14, July 15, 2024
You may change the amount of your deferred compensation
				  through the methods established by the department. Changes must be made in a
				  whole dollar increment or whole percentage.
A change in the amount will be effective as soon as
				  administratively possible if you notify the department of the change, through
				  the methods available, and prior to your employer's established "cutoff date"
				  for the payroll in which the change will occur.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-450, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, amended and recodified as §
											415-501-450, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050. 98-20-047, § 415-512-050,
					 filed 9/30/98, effective 10/31/98. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-512-050, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-472 - Who determines DCP's investment options?

Current through Register Vol. 24-14, July 15, 2024
(1) The state investment board, in
				consultation with the department, makes certain investment options available to
				plan participants. The investment board may:
(a) Open, change, or close investment options
				according to its investment policy; or
(b) Change investment managers for any
				investment option.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-475 - How will my deferred compensation be invested?

Current through Register Vol. 24-14, July 15, 2024
(1) When you
				enroll, you may select one or more of the investment options offered.
				Initially, you will need to select the same investment option(s) for both Roth
				and pretax if you contribute to both at enrollment. After you have enrolled,
				you may select different investments for your Roth and pretax contributions
				through your online account.
(2)
				The department will invest 100 percent of your future contributions in the
				Retirement Strategy Fund that assumes you will retire at age 65 if any of the
				following occurs during the enrollment process.
(a) An investment option is not
				selected.
(b) The total does not
				equal 100 percent when multiple investment options are selected.
(c) You are automatically enrolled into
				DCP.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-480 - How do I designate my beneficiaries?

Current through Register Vol. 24-14, July 15, 2024
You have the right to designate a beneficiary or
				  beneficiaries to receive your accumulated deferrals in the event of your death.
				  You may change your beneficiary designation at any time online, or by filing a
				  beneficiary change form with the department. The change will take effect upon
				  the department's receipt of the beneficiary change form. Your designated
				  beneficiary or beneficiaries must be the same for your entire DCP account (both
				  pretax and Roth balances).
You may name:
(1) An
				organization or person, including unborn or later adopted children. However,
				unborn or later adopted children must be specifically designated as
				beneficiaries on the form. You must indicate the date of birth for any living
				person you name as a beneficiary.
(2) Your estate.
(3) An existing trust or a trust that is to
				be established under your last will. For an existing trust, you must provide a
				copy of the trust document and the name, address and telephone number of the
				current trustee.
You may name contingent beneficiaries in addition to primary
				  beneficiaries.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-480, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, amended and recodified as §
											415-501-480, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050. 98-20-047, § 415-512-080,
					 filed 9/30/98, effective 10/31/98. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-512-080, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-485 - How do I obtain a distribution?

Current through Register Vol. 24-14, July 15, 2024
Distribution from the plan is governed by Internal Revenue
				  Code Sections 401(a)(9) and 457(d); the treasury regulations interpreting these
				  sections; and these rules to the extent they are not inconsistent with the
				  Internal Revenue Code. The options for distribution are available from the
				  department's recordkeeper.
(1)
Date of distribution.
You may choose the date on which to begin
				distribution from your deferred compensation account, subject to the
				requirements in (a) through (c) of this subsection; however, in order for
				earnings on Roth contributions to be tax-free at time of distribution, the
				requirements for a qualified distribution must be satisfied.
(a)
Earliest date.
You may not
				begin distribution prior to your termination of employment, with the following
				exceptions:
(i) A distribution for an
				unforeseeable emergency under WAC 415-501-510;
(ii) A voluntary in-service distribution
				under subsection (4) of this section;
(iii) A distribution from funds that were
				rolled into the deferred compensation account (may be subject to tax
				penalties); or
(iv) An in-service
				distribution in any calendar year in which you will reach age 59.5 or
				more.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-486 - How will my accumulated deferrals be distributed in the event of my death?

Current through Register Vol. 24-14, July 15, 2024
If you die before your entire deferred compensation account
				  has been distributed, accumulated deferrals will be paid to the beneficiary or
				  beneficiaries you have designated according to WAC
				  415-501-480.
(1) If one or more primary beneficiaries
				survive your death by a period of thirty days, your accumulated contributions
				will be distributed to the surviving primary beneficiaries using the ratio
				established on your beneficiary designation form.
(2) If no primary beneficiary survives your
				death, but one or more contingent beneficiaries survive your death by thirty
				days, your accumulated contributions will be distributed to the surviving
				contingent beneficiaries using the ratio established on your beneficiary
				designation form.
(3) If no primary
				or contingent beneficiary survives your death, but your spouse survives your
				death by a period of thirty days, your accumulated contributions will be
				distributed to your surviving spouse.
(4) If no primary beneficiary, contingent
				beneficiary, or spouse survives your death by a period of thirty days, your
				accumulated contributions will be distributed to your estate.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-486, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.050(5),41.50.030(2),
					 41.50.088(2),
					 41.50.770, and
					 41.50.780, 26 U.S.C. (Internal
					 Revenue Code) and related tax regulations. 02-01-121, §
											415-501-486, filed 12/19/01,
					 effective 1/1/02. Statutory Authority:
					 RCW
					 41.50.770, [41.50.]780 and41.50.050 .
					 00-11-104, amended and recodified as §
											415-501-486, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-512-086, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-487 - If my beneficiary dies while receiving my accumulated deferrals, who will get the remainder of the account?

Current through Register Vol. 24-14, July 15, 2024
(1) If your beneficiary dies while receiving
				distributions, any remaining balance will be paid according to their
				beneficiary election on file (see WAC
				415-501-480)
				.
(2) If there is no beneficiary
				election on file, the remaining balance will be paid to your beneficiary's
				estate.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-487, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.050(5),41.50.030(2),
					 41.50.088(2),
					 41.50.770, and
					 41.50.780, 26 U.S.C. (Internal
					 Revenue Code) and related tax regulations. 02-01-121, §
											415-501-487, filed 12/19/01,
					 effective 1/1/02. Statutory Authority:
					 RCW
					 41.50.770, [41.50.]780 and41.50.050 .
					 00-11-104, amended and recodified as §
											415-501-487, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-512-087, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-488 - How will the account be distributed if my beneficiary is my spouse?

Current through Register Vol. 24-14, July 15, 2024
If you die with money in your account and your beneficiary is
				  your spouse, an account will be established in your spouse's name.
(1) The distribution options will be provided
				to your spouse when DCP is notified of your death. Your spouse may choose the
				method of distribution installment pay-ments or lump sum) and may be subject to
				a required minimum distribution each calendar year until your account is
				exhausted.
(a) The department must receive
				your spouse's election at least 30 days before distribution is to
				begin.
(b) Receiving more than the
				required minimum distribution during one calendar year does not excuse your
				spouse from taking the required minimum in any calendar year to which the
				required minimum applies.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-491 - How will the account be distributed if my beneficiary is not my spouse?

Current through Register Vol. 24-14, July 15, 2024
If you die with money in your account and your beneficiary is
				  an individual other than your spouse, an account will be established in your
				  beneficiary's name.
(1) For rules
				governing distribution to an entity other than an individual (e.g., a trust,
				estate, or organization), see WAC
				415-501-493.
(2) The distribution options will be provided
				to your beneficiary when DCP is notified of your death, and will be based on
				treasury rules in effect at that time.
(3) The department must receive your
				beneficiary's election at least 30 days before distribution is to
				begin.
(4) If your beneficiary dies
				before the entire account is exhausted, the remainder of the account will be
				paid according to their beneficiary election(s) on file (see WAC
				415-501-480)
				. If there is no beneficiary election on file, the remaining balance will be
				paid to their estate.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-491, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.050(5),41.50.030(2),
					 41.50.088(2),
					 41.50.770, and
					 41.50.780, 26 U.S.C. (Internal
					 Revenue Code) and related tax regulations. 02-01-121, §
											415-501-491, filed 12/19/01,
					 effective 1/1/02.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-493 - How will my accumulated deferrals be distributed if my beneficiary is an organization, estate, or trust?

Current through Register Vol. 24-14, July 15, 2024
If your beneficiary is an organization, estate, or trust, the
				  department will make the distribution as a lump sum in the second month
				  following the receipt of all required information.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-493, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.050(5),41.50.030(2),
					 41.50.088(2),
					 41.50.770, and
					 41.50.780, 26 U.S.C. (Internal
					 Revenue Code) and related tax regulations. 02-01-121, §
											415-501-493, filed 12/19/01,
					 effective 1/1/02.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-494 - How will the account be distributed if my beneficiary is a minor?

Current through Register Vol. 24-14, July 15, 2024
If you die before your entire account has been distributed
				  and if one or more of your beneficiaries is a minor child, your deferred
				  compensation funds will be distributed to the minor according to the
				  following:
(1) If the guardian is a
				parent, a Proof of Guardianship form and a copy of the minor's birth
				certificate is required.
(2)If the
				guardian is not a parent, a Proof of Guardianship form and court documentation
				verifying the guardianship of the minor is required.
(3) Distribution consistent with this rule
				releases the department and its designated recordkeeper from further liability
				with regard to your DCP account.
(4)The person receiving the distribution
				pursuant to this rule must choose a distribution date and method on behalf of
				the minor, consistent with the requirements of this chapter.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.770, and
					 41.50.780. 09-09-044, §
											415-501-494, filed 4/9/09,
					 effective 5/10/09. Statutory Authority:
					 RCW
					 41.50.050(5),41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-494, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.030(2),
					 41.50.088(2),
					 41.50.770, and
					 41.50.780, 26 U.S.C. (Internal
					 Revenue Code) and related tax regulations. 02-01-121, §
											415-501-494, filed 12/19/01,
					 effective 1/1/02.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION IN THE PLAN › Section 415-501-495 - Will the department honor domestic relations orders?

Current through Register Vol. 24-14, July 15, 2024
(1) The department will honor a domestic
				relations order (DRO) only if the order:
(a)Was entered by a court of competent
				jurisdiction pursuant to the domestic relations law of any state;
(b)Establishes a right of a spouse or former
				spouse to a portion of your deferred compensation account pursuant to a
				division of property;
(c)Clearly
				states either the dollar amount or a percentage of the account to be
				transferred to the account of the spouse or former spouse from your account;
				and
(d)Provides your name and date
				of birth, and the name and date of birth of your spouse or former
				spouse.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › UNFORESEEABLE EMERGENCY › Section 415-501-510 - May I withdraw some or all of my accumulated deferrals in the event of an unforeseeable emergency?

Current through Register Vol. 24-14, July 15, 2024
(1) Notwithstanding
				any other provisions in this chapter, you may request all or a portion of your
				accumulated deferrals if:
(a) You are
				terminally ill. The department's recordkeeper will arrange for payment to you
				within 10 business days following application. To be eligible, the department's
				recordkeeper must receive documentation verifying your terminal illness along
				with your application.
(b) You have
				a qualifying unforeseeable emergency. The department's recordkeeper will
				distribute payment to you typically within 60 business days following
				application. To be eligible, the department's recordkeeper must receive
				documentation verifying your unforeseeable emergency, along with your
				application. The amount paid will be limited strictly to that amount reasonably
				necessary to satisfy the emergency need.
(c) If you have Roth deferrals, you may be
				taxed on earnings if the Roth withdrawal does not meet the definition of a
				qualified distribution (see WAC
				415-501-110(16).
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › LEAVE OF ABSENCE › Section 415-501-520 - May I stay in the plan if I am on a leave of absence?

Current through Register Vol. 24-14, July 15, 2024
If you are on an approved leave of absence from the employer,
				  participation in this plan will continue.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-520, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, recodified as §
											415-501-520, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-528-010, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › AMENDMENT OR TERMINATION OF PLAN › Section 415-501-530 - What happens if the plan is terminated?

Current through Register Vol. 24-14, July 15, 2024
The legislature may terminate this plan at any time. Upon
				  such termination, accumulated deferrals will be distributed to all plan
				  participants and beneficiaries as soon as administratively possible. The
				  participants' deferrals will cease.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-530, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.050(5),41.50.030(2),
					 41.50.088(2),
					 41.50.770, and
					 41.50.780, 26 U.S.C. (Internal
					 Revenue Code) and related tax regulations. 02-01-121, §
											415-501-530, filed 12/19/01,
					 effective 1/1/02. Statutory Authority:
					 RCW
					 41.50.770, [41.50.]780 and41.50.050 .
					 00-11-104, amended and recodified as §
											415-501-530, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-532-010, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › AMENDMENT OR TERMINATION OF PLAN › Section 415-501-540 - Does the department have the right to amend the plan?

Current through Register Vol. 24-14, July 15, 2024
To the extent not inconsistent with state and federal law,
				  the department may amend the provisions of this plan at any time. No amendment
				  will affect the rights of participants or their beneficiaries regarding
				  accumulated deferrals at the time of the amendment.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-540, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, amended and recodified as §
											415-501-540, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-532-020, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › RELATIONSHIP TO OTHER PLANS › Section 415-501-550 - Will my retirement benefit be affected by the amount of compensation I defer?

Current through Register Vol. 24-14, July 15, 2024
Deferred amounts are included as compensation in determining
				  benefits or rights under the employer's group insurance and retirement
				  plans.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-550, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, amended and recodified as §
											415-501-550, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-536-010, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › TRANSFER IN LIEU OF CASH › Section 415-501-560 - May I receive assets in lieu of cash?

Current through Register Vol. 24-14, July 15, 2024
Upon the occurrence of any event requiring the distribution
				  of accumulated deferrals under this plan, the department may, in its sole
				  discretion, elect to honor a request from the participant to substitute the
				  transfer in kind and assignment of any asset that the employer has acquired, at
				  fair market value.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-560, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, amended and recodified as §
											415-501-560, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-540-010, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › NONASSIGNABILITY CLAUSE › Section 415-501-570 - May I transfer or assign my accumulated deferrals?

Current through Register Vol. 24-14, July 15, 2024
Neither you, your beneficiaries, nor any other designee, has
				  any right to sell, assign, transfer, commute, or otherwise convey the right to
				  receive any distributions under the plan. These distributions and right thereto
				  are nonassignable and nontransferable. Unpaid accumulated deferrals are not
				  subject to attachment, garnishment, or execution and are not transferable by
				  operation of law in event of bankruptcy or insolvency, except to the extent
				  otherwise required by law. In the event of any attempt to assign or transfer,
				  the state investment board and the department will have no
				  liability.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-570, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, amended and recodified as §
											415-501-570, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050. 98-20-047, § 415-544-010,
					 filed 9/30/98, effective 10/31/98. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-544-010, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › ASSETS › Section 415-501-580 - How are the plan's assets protected for the exclusive benefit of participants and beneficiaries?

Current through Register Vol. 24-14, July 15, 2024
Despite any contrary provision of the plan, in accordance
				  with Section 457(g) of the Internal Revenue Code, all compensation deferred
				  under the plan, all property and rights purchased with such compensation, and
				  all income attributable to such compensation, property, or rights will be held
				  in trust for the exclusive benefit of participants and beneficiaries under the
				  plan. Any trust under the plan will be established under the laws of
				  Washington.
All amounts of compensation deferred under the plan will be
				  transferred to a trust established under the plan within a period that is not
				  longer than is reasonable for the proper administration of the accounts of
				  participants. Under
				  RCW
				  41.50.780(4) the state
				  investment board is made trustee of state deferred compensation plan
				  assets.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-580, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, recodified as §
											415-501-580, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050. 98-20-047, § 415-548-010,
					 filed 9/30/98, effective 10/31/98. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-548-010, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › PARTICIPATION BY DEPARTMENT OFFICERS AND EMPLOYEES AND MEMBERS OF THE EMPLOYEE RETIREMENT BENEFITS BOARD › Section 415-501-590 - Are department officers and employees and members of the employee retirement benefits board eligible to participate in the plan?

Current through Register Vol. 24-14, July 15, 2024
Department officers and employees who are otherwise eligible
				  may participate in the plan under the same terms and conditions as apply to
				  other participants. Such officers and employees may not be involved in any
				  decision or action uniquely affecting their own account or participation in the
				  plan.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-590, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, amended and recodified as §
											415-501-590, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-552-010, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › EMPLOYER CONTRIBUTIONS › Section 415-501-600 - Is my employer allowed to contribute to my deferred compensation account?

Current through Register Vol. 24-14, July 15, 2024
The employer may, pursuant to WAC
				  415-501-450, add additional
				  deferred compensation for services you provided to the employer during any
				  calendar month, provided:
(1) You
				elected to have such additional compensation deferred pursuant to this plan,
				prior to the calendar month in which the compensation is earned;
(2) Such additional deferred compensation,
				when added to all other deferred compensation under the plan, does not exceed
				the maximum deferral permitted by this chapter; and
(3) Your employer's contributions will be
				pretax.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-600, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.050(5),41.50.030(2),
					 41.50.088(2),
					 41.50.770, and
					 41.50.780, 26 U.S.C. (Internal
					 Revenue Code) and related tax regulations. 02-01-121, §
											415-501-600, filed 12/19/01,
					 effective 1/1/02. Statutory Authority:
					 RCW
					 41.50.770, [41.50.]780 and41.50.050 .
					 00-11-104, amended and recodified as §
											415-501-600, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-556-010, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-501 - Deferred compensation plan › INVESTMENT RESPONSIBILITY › Section 415-501-610 - What is the state investment board's responsibility regarding investments?

Current through Register Vol. 24-14, July 15, 2024
Action by the state investment board as plan trustee or by
				  the department as plan administrator is not an endorsement or guarantee of any
				  investment. Such action will not be considered to attest to the financial
				  soundness or the suitability of any investment for the purpose of meeting
				  future obligations.
Statutory Authority:
					 RCW
					 41.50.050(5),
					 41.50.780(10),
					 and 41.50.770. 04-22-053, §
											415-501-610, filed 10/29/04,
					 effective 11/29/04. Statutory Authority:
					 RCW
					 41.50.770,[41.50.]780 and 41.50.050.
					 00-11-104, recodified as §
											415-501-610, filed 5/18/00,
					 effective 6/18/00. Statutory Authority:
					 RCW
					 41.50.050. 98-20-047, § 415-560-010,
					 filed 9/30/98, effective 10/31/98. Statutory Authority:
					 RCW
					 41.50.050 and
					 41.50.780(11).
					 96-16-020, § 415-560-010, filed 7/29/96, effective
					 7/29/96.
Washington Administrative Code › Title 415 - Retirement Systems, Department of › Chapter 415-700 - Higher education retirement plan supplemental benefit fund › Section 415-700-010 - The higher education retirement plan (HERP) supplemental benefit fund

Current through Register Vol. 24-14, July 15, 2024
RCW 28B.10.423 establishes a
				higher education retirement plan supplemental benefit fund, in the custody of
				the state treasurer, for the purpose of funding future higher education
				retirement plan supplemental benefits.
(1)
Who finances the HERP supplemental
			 benefit fund?
Higher education employers pay into the HERP supplemental
			 benefit fund at an employer contribution rate as established in
			 RCW
			 28B.10.423 on the salaries paid to employees
			 participating in their HERP.
(2)
Who are the higher education employers?
For the purpose of this
			 section, higher education employers, as defined by
			 chapter
			 28B.10 RCW includes:
(a) All state universities;
(b) All regional universities;
(c) All state colleges;
(d) All community and technical
			 colleges;
(e) The state board for
			 community and technical colleges; and
(f) Any other higher education entities
			 granted authority for HERP coverage under
			 chapter
			 28B.10 RCW.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-100 - Purpose

Current through Register Vol. 24-14, July 15, 2024
The purpose of these rules is to establish administrative rules
				for the Washington state redistricting commission and to implement the
				provisions of article 2, section 43 of the state constitution and chapter 44.05
				RCW.
Statutory Authority:
				  RCW
				  44.05.080(1). 91-20-006,
				  §
										417-01-100, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-105 - Description of organization

Current through Register Vol. 24-14, July 15, 2024
The Washington state redistricting commission is a five member
				commission appointed each year ending in one to accomplish legislative and
				congressional redistricting in accordance with article 2, section 43 of the
				state constitution and chapter 44.05 RCW. The membership consists of four
				voting members appointed by the leaders of the two largest political caucuses
				in the senate and house of representatives. The commission chair is selected by
				the voting members.
Statutory Authority:
				  RCW
				  44.05.080(1). 01-13-123,
				  §
										417-01-105, filed 6/20/01,
				  effective 7/9/01; 91-20-006, §
										417-01-105, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-110 - Commission responsibilities and duties

Current through Register Vol. 24-14, July 15, 2024
Pursuant to article 2, section 43 of the state constitution and
				chapter 44.05 RCW, the commission's duties are:
(1) To accomplish state legislative and
			 congressional redistricting;
(2) To
			 act as the legislature's recipient of the final redistricting data and maps
			 from the United States Bureau of the Census;
(3) To disclose and preserve public records
			 as specified in chapters 42.17, 42.17A, and
			 40.14 RCW;
(4) To hold open public meetings pursuant to
			 the Open Public Meetings Act, RCW 42.30;
(5) To prepare and disclose its minutes
			 pursuant to
			 RCW
			  42.32.030;
(6) To prepare and adopt agency rules
			 pursuant to the Administrative Procedure Act,
			 chapter
			 34.05 RCW;
(7) To prepare and publish a report with a
			 redistricting plan as provided in
			 RCW
			  44.05.080(7);
(8) To distribute census data to counties for
			 local redistricting as required by chapter 29A.76 RCW.
Statutory Authority:
				  RCW
				  44.05.080(2). 11-15-010,
				  §
										417-01-110, filed 7/7/11,
				  effective 8/7/11. Statutory Authority:
				  RCW
				   44.05.080(1). 01-13-123,
				  §
										417-01-110, filed 6/20/01,
				  effective 7/9/01; 91-20-006, §
										417-01-110, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-115 - Authority

Current through Register Vol. 24-14, July 15, 2024
These rules are adopted pursuant to the requirements of
				RCW
				 44.05.080(1) and the
				Administrative Procedure Act,
				chapter
				34.05
				RCW.
Statutory Authority:
				  RCW
				  44.05.080(1). 01-13-123,
				  §
										417-01-115, filed 6/20/01,
				  effective 7/9/01; 91-20-006, §
										417-01-115, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-120 - Definitions

Current through Register Vol. 24-14, July 15, 2024
The following definitions shall apply throughout this
				title:
(1) "Commission" shall mean the
			 Washington state redistricting commission established pursuant to article II,
			 section 43 of the state constitution and
			 RCW
			  44.05.030;
(2) "Commissioners" shall mean the four
			 voting commissioners appointed to the commission pursuant to article II,
			 section 43 of the state constitution and
			 RCW
			  44.05.030;
(3) "Chair" shall mean the nonvoting
			 chairperson of the commission, appointed by the voting members pursuant to
			 article II, section 43 of the state constitution and
			 RCW
			  44.05.030(3).
Statutory Authority:
				  RCW
				  44.05.080(1). 91-20-006,
				  §
										417-01-120, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-125 - Offices

Current through Register Vol. 24-14, July 15, 2024
(1) The commission
			 office is located at 1007 Washington Street S.E., Olympia, Washington. The
			 mailing address is: Washington State Redistricting Commission, P.O. Box 40948,
			 Olympia, WA 98504-0948. Telephone and facsimile number: 360-524-4390. Internet
			 address:
www.redistricting.wa.gov
.
			 Electronic mail address: contact@redistricting.wa.gov. Office hours for the
			 commission shall be from 8 a.m. to 5 p.m. on all normal business days. Office
			 hours for inspection and copying of public records shall be as provided in
			 chapter two hereof.
(2) The
			 commission address and contact information shall remain in effect for the
			 duration of the 2021-2022 commission. Inquiries after that date shall be
			 directed to the secretary of state.
Statutory Authority:
				  RCW
				   44.05.080(2). 11-15-010,
				  §
										417-01-125, filed 7/7/11,
				  effective 8/7/11. Statutory Authority:
				  RCW
				   44.05.080(1). 01-13-123,
				  §
										417-01-125, filed 6/20/01,
				  effective 7/9/01; 91-20-006, §
										417-01-125, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-127 - Communications, inquiries and requests

Current through Register Vol. 24-14, July 15, 2024
Communications, inquiries and requests to the commission and
				staff concerning commission rules, meetings, or other matters may be made in
				person, by letter, by telephone, by telefax or by electronic means to the
				offices listed in WAC
				417-01-125(1).
				Requests for public records must be made in writing.
Statutory Authority:
				  RCW
				  44.05.080(1). 01-13-123,
				  §
										417-01-127, filed 6/20/01,
				  effective 7/9/01.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-130 - Officers

Current through Register Vol. 24-14, July 15, 2024
(1) There shall be an
			 executive director of the commission who shall be responsible to the commission
			 for the overall administration of the commission and its business, and who
			 shall have such other duties and responsibilities as the commission may from
			 time to time decide.
(2) The
			 executive director shall report to the chair.
Statutory Authority:
				  RCW
				  44.05.080(1). 01-13-123,
				  §
										417-01-130, filed 6/20/01,
				  effective 7/9/01; 91-20-006, §
										417-01-130, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-135 - Staff

Current through Register Vol. 24-14, July 15, 2024
The executive director, with the approval of the chair, shall
				appoint such assistants and employees as may be appropriate and necessary to
				the functions of the commission, and shall supervise the assistants and
				employees.
Statutory Authority:
				  RCW
				  44.05.080(1). 01-13-123,
				  §
										417-01-135, filed 6/20/01,
				  effective 7/9/01; 91-20-006, §
										417-01-135, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-140 - Professional advisors

Current through Register Vol. 24-14, July 15, 2024
The commission may, by majority vote, appoint attorneys,
				advisors and others to assist it in the conduct of its duties, and they shall
				have such duties and receive such compensation and reimbursement as the
				commission may from time to time, by majority vote, determine.
Statutory Authority:
				  RCW
				   44.05.080(1). 91-20-006,
				  §
										417-01-140, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-145 - Political activities

Current through Register Vol. 24-14, July 15, 2024
Neither the chair, nor any commissioner shall:
(1) Campaign, as a candidate, for any
			 elective office while a member of the commission;
(2) Actively participate in or contribute to
			 any political campaign of any candidate for any state or federal elective
			 office while a member of the commission;
(3) Hold or campaign for a seat in the U.S.
			 Congress or in the legislature of this state until two years have elapsed
			 following the effective date of the redistricting plan adopted pursuant to
			 RCW
			  44.05.100.
Statutory Authority:
				  RCW
				  44.05.080(1). 01-13-123,
				  §
										417-01-145, filed 6/20/01,
				  effective 7/9/01; 91-20-006, §
										417-01-145, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-01 - Administrative procedures › Section 417-01-150 - Meetings

Current through Register Vol. 24-14, July 15, 2024
(1) Regular meetings:
			 The commission shall meet regularly during the months of April through December
			 in each year ending in one, at the commission's offices, or other suitable
			 location, in Olympia, as published in the
Washington State
			 Register
.
(2) Special
			 meetings: The commission shall meet at other times and places, at the call of
			 the chair or of a majority of the commissioners. Notice of special meetings
			 shall be given at least twenty-four hours before the time of such meeting as
			 specified in the notice, to the media and to all others who have requested
			 notice of commission meetings.
(3)
			 Agenda: The chair, or the commission majority calling a special meeting, shall
			 propose an agenda for the meeting, which shall be distributed to commissioners,
			 to the media, and to others who have requested notice, at the earliest
			 practical date prior to the meeting.
Statutory Authority:
				  RCW
				  44.05.080(2). 11-15-010,
				  §
										417-01-150, filed 7/7/11,
				  effective 8/7/11. Statutory Authority:
				  RCW
				   44.05.080(1). 01-13-123,
				  §
										417-01-150, filed 6/20/01,
				  effective 7/9/01; 91-20-006, §
										417-01-150, filed 9/19/91,
				  effective 10/20/91.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-02 - Public records › Section 417-02-100 - Purpose

Current through Register Vol. 24-14, July 15, 2024
The purpose of this chapter is to establish methods by which
				the commission will comply with the provisions of
				chapter
				42.56 RCW dealing with
				public records.
Statutory Authority:
				  RCW
				  44.05.080(2). 11-15-010,
				  §
										417-02-100, filed 7/7/11,
				  effective 8/7/11. Statutory Authority:
				  RCW
				   44.05.080(1). 01-17-078,
				  §
										417-02-100, filed 8/16/01,
				  effective 9/4/01.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-02 - Public records › Section 417-02-105 - Definitions

Current through Register Vol. 24-14, July 15, 2024
As used in this chapter:
(1) All words and phrases defined in chapter
			 one of this title (WAC
			 417-01-120)  and
			 RCW
			  44.05.020 shall have the same meaning for the
			 purposes of this chapter.
(2)
			 "Public records" shall have the same meaning as defined in
			 RCW
			  42.56.010.
Statutory Authority:
				  RCW
				  44.05.080(2). 11-15-010,
				  §
										417-02-105, filed 7/7/11,
				  effective 8/7/11. Statutory Authority:
				  RCW
				   44.05.080(1). 01-17-078,
				  §
										417-02-105, filed 8/16/01,
				  effective 9/4/01.
Washington Administrative Code › Title 417 - Redistricting Commission › Chapter 417-02 - Public records › Section 417-02-110 - Public records available

Current through Register Vol. 24-14, July 15, 2024
All public records of the commission are available for public
				inspection and copying pursuant to these rules except as otherwise provided in
				RCW
				 42.56.010 or other law.
Statutory Authority:
				  RCW
				  44.05.080(2). 11-15-010,
				  §
										417-02-110, filed 7/7/11,
				  effective 8/7/11. Statutory Authority:
				  RCW
				   44.05.080(1). 01-17-078,
				  §
										417-02-110, filed 8/16/01,
				  effective 9/4/01.