(1) Employers of members of the public employees'
retirement system, the teachers' retirement system, the school
employees' retirement system, the public safety employees'
retirement system, and the Washington state patrol retirement
system shall make contributions to those systems based on the
rates established in RCW 41.45.060 and 41.45.070.
(2) The state shall make contributions to the law
enforcement officers' and firefighters' retirement system plan 2
based on the rates established in RCW 41.45.060 and 41.45.070.
The state treasurer shall transfer the required contributions
each month on the basis of salary data provided by the
department.
(3) The department shall bill employers, and the state shall
make contributions to the law enforcement officers' and
firefighters' retirement system plan 2, using the combined rates
established in RCW 41.45.060 and 41.45.070 regardless of the
level of appropriation provided in the biennial budget. Any
member of an affected retirement system may, by mandamus or other
appropriate proceeding, require the transfer and payment of funds
as directed in this section.
(4) The contributions received for the public employees'
retirement system shall be allocated between the public
employees' retirement system plan 1 fund and the public
employees' retirement system combined plan 2 and plan 3 fund as
follows: The contributions necessary to fully fund the public
employees' retirement system combined plan 2 and plan 3 employer
contribution shall first be deposited in the public employees'
retirement system combined plan 2 and plan 3 fund. All remaining
public employees' retirement system employer contributions shall
be deposited in the public employees' retirement system plan 1
fund.
(5) The contributions received for the teachers' retirement
system shall be allocated between the plan 1 fund and the
combined plan 2 and plan 3 fund as follows: The contributions
necessary to fully fund the combined plan 2 and plan 3 employer
contribution shall first be deposited in the combined plan 2 and
plan 3 fund. All remaining teachers' retirement system employer
contributions shall be deposited in the plan 1 fund.
(6) The contributions received for the school employees'
retirement system shall be allocated between the public
employees' retirement system plan 1 fund and the school
employees' retirement system combined plan 2 and plan 3 fund as
follows: The contributions necessary to fully fund the combined
plan 2 and plan 3 employer contribution shall first be deposited
in the combined plan 2 and plan 3 fund. All remaining school
employees' retirement system employer contributions shall be
deposited in the public employees' retirement system plan 1 fund.
(7) The contributions received for the law enforcement
officers' and firefighters' retirement system plan 2 shall be
deposited in the law enforcement officers' and firefighters'
retirement system plan 2 fund.
(8) The contributions received for the public safety
employees' retirement system shall be allocated between the
public employees' retirement system plan 1 fund and the public
safety employees' retirement system plan 2 fund as follows: The
contributions necessary to fully fund the plan 2 employer
contribution shall first be deposited in the plan 2 fund. All
remaining public safety employees' retirement system employer
contributions shall be deposited in the public employees'
retirement system plan 1 fund.
[2004 c 242 § 38; 2002 c 26 § 5; 2001 2nd sp.s. c 11 § 8; (2001 2nd sp.s. c 11 § 7 expired March 1, 2002); 2000 c 247 § 503; 1998 c 341 § 403; 1995 c 239 § 308; 1989 c 273 § 5.]
NOTES:
Effective date -- 2004 c 242: See RCW 41.37.901.
Effective date -- 2001 2nd sp.s. c 11: See note following RCW 41.45.010.
Expiration date -- 2001 2nd sp.s. c 11 §§ 1 and 7: See note following RCW 41.45.010.
Effective date -- 2001 2nd sp. s. c 11: See note following RCW 41.45.030.
Effective dates -- Subchapter headings not law -- 2000 c 247: See RCW 41.40.931 and 41.40.932.
Effective date -- 1998 c 341: See RCW 41.35.901.
Intent -- Purpose -- 1995 c 239: See note following RCW 41.32.831.
Effective date -- Part and subchapter headings not law -- 1995 c 239: See notes following RCW 41.32.005.
Benefits not contractual right until date specified: RCW 41.34.100.