If a consolidated employer is a city
operating a first-class city retirement system under chapter 41.28 RCW prior to the consolidation:
(1) All existing employees of the consolidated employer who
are active members of the first-class city retirement system
immediately prior to the consolidation shall continue to be
members of that retirement system while employed by the
consolidated employer.
(2) All existing employees of the consolidated employer who
are active members of the public employees' retirement system
under chapter 41.40 RCW immediately prior to the consolidation
shall cease to be members of that system at the time of the
consolidation and, if eligible, shall immediately become members
of the first-class city retirement system. However, any such
active member may, by a writing filed with the consolidated
employer within thirty days after the consolidation or within
thirty days after March 15, 1984, whichever is later, irrevocably
elect instead to continue to be a member of the public employees'
retirement system, thereby forever waiving any rights under the
first-class city retirement system based upon such employment
with the consolidated employer.
(3) Only prospective periods of qualifying service under the
first-class city retirement system may be established under this
section.
[1984 c 184 § 25.]
NOTES:
Severability -- 1984 c 184: See note following RCW 41.50.150.