(1) Any person who was a
member of the statewide city employees' retirement system
governed by chapter 41.44 RCW and who also became a member of
this retirement system on or before July 26, 1987, may, in a
writing filed with the director, elect to:
(a) Transfer to this retirement system all service currently
credited under chapter 41.44 RCW;
(b) Reestablish and transfer to this retirement system all
service which was previously credited under chapter 41.44 RCW but
which was canceled by discontinuance of service and withdrawal of
accumulated contributions as provided in RCW 41.44.190. The
service may be reestablished and transferred only upon payment by
the member to the employees' savings fund of this retirement
system of the amount withdrawn plus interest thereon from the
date of withdrawal until the date of payment at a rate determined
by the director. No additional payments are required for service
credit described in this subsection if already established under
this chapter; and
(c) Establish service credit for the initial period of
employment not to exceed six months, prior to establishing
membership under chapter 41.44 RCW, upon payment in full by the
member of the total employer's contribution to the benefit
account fund of this retirement system that would have been made
under this chapter when the initial service was rendered. The
payment shall be based on the first month's compensation earnable
as a member of the statewide city employees' retirement system
and as defined in *RCW 41.44.030(13). However, a person who has
established service credit under *RCW 41.40.010(13) (c) or (d)
shall not establish additional credit under this subsection nor
may anyone who establishes credit under this subsection establish
any additional credit under RCW 41.40.010(13) (c) or (d). No
additional payments are required for service credit described in
this subsection if already established under this chapter.
(2)(a) In the case of a member of this retirement system who
is employed by an employer on July 26, 1987, the written election
required by subsection (1) of this section must be filed and the
payments required by subsection (1)(b) and (c) of this section
must be completed in full within one year after July 26, 1987.
(b) In the case of a former member of this retirement system
who is not employed by an employer on July 26, 1987, the written
election must be filed and the payments must be completed in full
within one year after reemployment by an employer.
(c) In the case of a retiree receiving a retirement
allowance from this retirement system on July 26, 1987, or any
person having vested rights as described in RCW 41.40.150 (4),
the written election may be filed and the payments may be
completed at any time.
(3) Upon receipt of the written election and payments
required by subsection (1) of this section from any retiree
described in subsection (2) of this section, the department shall
recompute the retiree's allowance in accordance with this section
and shall pay any additional benefit resulting from such
recomputation retroactively to the date of retirement from the
system governed by this chapter.
(4) Any person who was a member of the statewide city
employees' retirement system under chapter 41.44 RCW and also
became a member of this retirement system, and did not make the
election under subsection (1) of this section because he or she
was not a member of this retirement system prior to July 27,
1987, or did not meet the time limitations of subsection (2) (a)
or (b) of this section, may elect to do any of the following:
(a) Transfer to this retirement system all service currently
credited under chapter 41.44 RCW;
(b) Reestablish and transfer to this retirement system all
service that was previously credited under chapter 41.44 RCW but
was canceled by discontinuance of service and withdrawal of
accumulated contributions as provided in RCW 41.44.190; and
(c) Establish service credit for the initial period of
employment not to exceed six months, prior to establishing
membership under chapter 41.44 RCW.
To make the election or elections, the person must pay the
amount required under RCW 41.50.165(2) prior to retirement from
this retirement system.
[1994 c 197 § 25; 1987 c 417 § 1; 1984 c 184 § 9. Formerly RCW 41.40.403.]
NOTES:
*Reviser's note: RCW 41.40.010 was alphabetized pursuant to RCW 1.08.015(2)(k), changing subsection (13) to subsection (23).
Intent -- Severability -- Effective date -- 1994 c 197: See notes following RCW 41.50.165.
Severability -- 1984 c 184: See note following RCW 41.50.150.