(1) Except as provided by RCW 41.50.255 and
subsection (6) of this section, all expenses of the
administration of the department, the expenses of administration
of the retirement systems, and the expenses of the administration
of the office of the state actuary created in chapters 2.10, 2.12, 28B.10, 41.26, 41.32, 41.40, 41.34, 41.35, 41.37, 43.43, and 44.44 RCW shall be paid from the department of retirement
systems expense fund.
(2) In order to reimburse the department of retirement
systems expense fund on an equitable basis the department shall
ascertain and report to each employer, as defined in RCW 28B.10.400, 41.26.030, 41.32.010, 41.35.010, 41.37.010, or 41.40.010, the sum necessary to defray its proportional share of
the entire expense of the administration of the retirement system
that the employer participates in during the ensuing biennium or
fiscal year whichever may be required. Such sum is to be
computed in an amount directly proportional to the estimated
entire expense of the administration as the ratio of monthly
salaries of the employer's members bears to the total salaries of
all members in the entire system. It shall then be the duty of
all such employers to include in their budgets or otherwise
provide the amounts so required.
(3) The department shall compute and bill each employer, as
defined in RCW 28B.10.400, 41.26.030, 41.32.010, 41.35.010,
41.37.010, or 41.40.010, at the end of each month for the amount
due for that month to the department of retirement systems
expense fund and the same shall be paid as are its other
obligations. Such computation as to each employer shall be made
on a percentage rate of salary established by the department.
However, the department may at its discretion establish a system
of billing based upon calendar year quarters in which event the
said billing shall be at the end of each such quarter.
(4) The director may adjust the expense fund contribution
rate for each system at any time when necessary to reflect
unanticipated costs or savings in administering the department.
(5) An employer who fails to submit timely and accurate
reports to the department may be assessed an additional fee
related to the increased costs incurred by the department in
processing the deficient reports. Fees paid under this
subsection shall be deposited in the retirement system expense
fund.
(a) Every six months the department shall determine the
amount of an employer's fee by reviewing the timeliness and
accuracy of the reports submitted by the employer in the
preceding six months. If those reports were not both timely and
accurate the department may prospectively assess an additional
fee under this subsection.
(b) An additional fee assessed by the department under this
subsection shall not exceed fifty percent of the standard fee.
(c) The department shall adopt rules implementing this
section.
(6) Expenses other than those under *RCW 41.34.060(3) shall
be paid pursuant to subsection (1) of this section.
(7) During the 2009-2011 and 2011-2013 fiscal biennia, the
legislature may transfer from the department of retirement
systems' expense fund to the state general fund such amounts as
reflect the excess fund balance of the fund.
[2011 1st sp.s. c 50 § 936; 2011 1st sp.s. c 47 § 22; 2009 c 564 § 924; 2008 c 329 § 911; 2005 c 518 § 923; 2004 c 242 § 46; 2003 1st sp.s. c 25 § 914. Prior: 2003 c 295 § 3; 2003 c 294 § 11; 1998 c 341 § 508; 1996 c 39 § 17; 1995 c 239 § 313; 1990 c 8 § 3; 1979 ex.s. c 249 § 8.]
NOTES:
Reviser's note: *(1) RCW 41.34.060 was amended by 2011 c
80 § 2, changing subsection (3) to subsection (4).
(2) This section was amended by 2011 1st sp.s. c 47 § 22 and
by 2011 1st sp.s. c 50 § 936, each without reference to the
other. Both amendments are incorporated in the publication of
this section under RCW 1.12.025(2). For rule of construction,
see RCW 1.12.025(1).
Effective dates -- 2011 1st sp.s. c 50: See note following RCW 15.76.115.
Intent -- Effective dates -- 2011 1st sp.s. c 47: See notes following RCW 28B.10.400.
Effective date -- 2009 c 564: See note following RCW 2.68.020.
Severability -- Effective date -- 2008 c 329: See notes following RCW 28B.105.110.
Effective date -- 2005 c 518 § 923: "Section 923 (RCW 41.50.110) of this act takes effect July 1, 2006." [2005 c 518 § 1806.]
Severability -- 2005 c 518: See note following RCW 28A.500.030.
Effective date -- 2004 c 242: See RCW 41.37.901.
Severability -- Effective date -- 2003 1st sp.s. c 25: See notes following RCW 19.28.351.
Effective date -- 1998 c 341: See RCW 41.35.901.
Effective dates -- 1996 c 39: See note following RCW 41.32.010.
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.
Findings -- 1990 c 8: See note following RCW 41.50.065.
Benefits not contractual right until date specified: RCW 41.34.100.