(1) The required contribution rate for members of the
plan 2 teachers' retirement system shall be fixed at the rates in
effect on July 1, 1996, subject to the following:
(a) Beginning September 1, 1997, except as provided in (b)
of this subsection, the employee contribution rate shall not
exceed the employer plan 2 and 3 rates adopted under RCW 41.45.060, *41.45.054, and 41.45.070 for the teachers'
retirement system;
(b) In addition, the employee contribution rate for plan 2
shall be increased by fifty percent of the contribution rate
increase caused by any plan 2 benefit increase passed after July
1, 1996;
(c) In addition, the employee contribution rate for plan 2
shall not be increased as a result of any distributions pursuant
to section 309, chapter 341, Laws of 1998 and **RCW 41.31A.020.
(2) The required contribution rate for members of the school
employees' retirement system plan 2 shall equal the school
employees' retirement system employer plan 2 and 3 contribution
rate adopted under RCW 41.45.060, *41.45.054, and 41.45.070,
except as provided in subsection (3) of this section.
(3) The member contribution rate for the school employees'
retirement system plan 2 shall be increased by fifty percent of
the contribution rate increase caused by any plan 2 benefit
increase passed after September 1, 2000.
(4) The required contribution rate for members of the public
employees' retirement system plan 2 shall be set at the same rate
as the employer combined plan 2 and plan 3 rate.
(5) The required contribution rate for members of the law
enforcement officers' and firefighters' retirement system plan 2
shall be set at fifty percent of the cost of the retirement
system.
(6) The employee contribution rates for plan 2 under
subsections (3) and (4) of this section shall not include any
increase as a result of any distributions pursuant to RCW
**41.31A.020 and ***41.31A.030.
(7) The required plan 2 and 3 contribution rates for
employers shall be adopted in the manner described in RCW 41.45.060, *41.45.054, and 41.45.070.
(8) The required contribution rate for members of the public
safety employees' retirement system plan 2 shall be set at fifty
percent of the cost of the retirement system.
(9) Concurrently with the adoption of employer contribution
rates, the state actuary shall calculate the required
contribution rates for plan 2 members, which are fixed in
accordance with this section. Upon adoption of employer
contribution rates, the state actuary shall immediately notify
the directors of the office of financial management and
department of retirement systems of the required contribution
rates for members, which shall be effective for the ensuing
rate-setting period.
[2007 c 280 § 4; 2004 c 242 § 40. Prior: 2001 2nd sp.s. c 11 § 13; 2001 2nd sp.s. c 11 § 12; 2001 c 180 § 1; prior: 2000 c 247 § 506; 2000 c 230 § 2; 1998 c 341 § 405; 1997 c 10 § 2; 1995 c 239 § 311.]
NOTES:
Reviser's note: *(1) RCW 41.45.054 was decodified pursuant
to 2005 c 370 § 5, effective September 1, 2005.
**(2) RCW 41.31A.020 was repealed by 2007 c 491 § 13
without cognizance of its amendment by 2007 c 491 § 1. For rule
of construction concerning sections amended and repealed in the
same legislative session, see RCW 1.12.025.
***(3) RCW 41.31A.030 was repealed by 2007 c 491 § 13,
effective January 2, 2008.
Effective date -- 2004 c 242: See RCW 41.37.901.
Effective date -- 2001 2nd sp.s. c 11: See note following RCW 41.45.030.
Effective date -- 2001 2nd sp.s. c 11: See note following RCW 41.45.010.
Effective date -- 2001 c 180 §§ 1 and 2: "Sections 1 and 2 of this act take effect March 1, 2002." [2001 c 180 § 6.]
Effective dates -- Subchapter headings not law -- 2000 c 247: See RCW 41.40.931 and 41.40.932.
Effective date -- 2000 c 230: See note following RCW 41.35.630.
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.