Title of chapter
This chapter shall be known and may be cited as the "Statewide City Employees' Retirement System Law".
Washington · statute · Wash. Rev. Code ch. 41.44 · 30 active provisions
This chapter shall be known and may be cited as the "Statewide City Employees' Retirement System Law".
The purpose of this chapter is to provide for an actuarially sound system for the payment of annuities and other benefits to officers and employees and to beneficiaries of officers and employees of cities and towns thereby enabling such employees to provide for themselves and their dependents in case of old age, disabi…
As used in this chapter, unless a different meaning is plainly required by the context:(1) "Accumulated additional contributions" means the sum of all "additional contributions" made by a member standing to the credit of the individual account, together with regular interest thereon.(2) "Accumulated normal contribution…
A retirement system is hereby authorized for employees of cities, same to become operative after the requisite city or cities or combination thereof, have signified their intention to participate in the retirement system and the board has been appointed and qualified as herein provided. The board may begin to function,…
Any city or town may elect to participate in the retirement system established by this chapter: PROVIDED, That a first-class city may establish or maintain any other retirement system authorized by any other law or its charter. The manner of election to participate in a retirement system under this chapter shall be as…
Police officers in first-class cities and all city firefighters shall be excluded from the provisions of this chapter, except those employees of the fire department who are not eligible to the benefits of any firefighters' pension system established by or pursuant to state law, and who shall be included in the miscella…
(1) The board of trustees shall consist of seven members, one of whom shall be the state insurance commissioner, ex officio; three elective city officials eligible to the benefits of the system who shall be appointed by the governor from a list of six city officials submitted by the executive committee of the associati…
The administration of the system is hereby vested in the board of trustees created in RCW 41.44.070 of this chapter and the board shall:(1) Keep in convenient form such data as shall be deemed necessary for actuarial valuation purposes;(2) From time to time, through its actuary, make an actuarial investigation into the…
(1) There shall be paid into the retirement fund by contributions of each city the amounts necessary to pay the following:(a) Contributions equal to those deposited by employees;(b) Prior service credits at such rate as may be selected;(c) That part of a retirement allowance necessary to raise it to a specified minimum…
(1) A fund is hereby created and established to be known as the "statewide city employees retirement fund," and shall consist of all moneys paid into it in accordance with the provisions of this chapter, whether such moneys shall take the form of cash, securities, or other assets: PROVIDED, That such assets shall be pu…
(1) The board of trustees shall establish, in addition to the several benefits provided for, an additional and separate fund to be known as the "supplemental benefits fund" to provide for the payment of supplemental benefits, as hereinafter provided for employees of municipalities electing to participate in said fund.(…
(1) Subject to subsection (2) of this section, membership of this retirement system shall be composed of the following groups of employees in any participating city or cities:(a) Miscellaneous personnel as defined in this chapter;(b) Uniformed personnel as defined in this chapter;(c) Elective officials, who shall have…
(1) Subject to subsections (4) and (5) of this section the following members shall be entitled to prior service credit:(a) Each member in service on the effective date.(b) Each member entering after the effective date if such entry is within one year after rendering service prior to the effective date.(c) Each member e…
(1) The normal rates of contribution of members shall be based on sex and age at time of entry into the system, which age shall be the age at the birthday nearest the date of such entry.(2) The normal rates of contribution for miscellaneous personnel shall be so fixed as to provide an annuity which, together with the p…
Retirement of a member for service shall be made by the board as follows:(1) Each member included in the miscellaneous personnel in service on the effective date, who, on or before such effective date, has attained the age of sixty-five years or over shall be compulsorily retired forthwith: PROVIDED, That there shall b…
(1) A member upon retirement for service, shall receive a retirement allowance subject to the provisions of subsection (2) of this section, which shall consist of:(a) An annuity which shall be the actuarial equivalent of his or her accumulated normal contributions at the time of his or her retirement; and(b) A pension…
Any member who has at least ten years of creditable service within the fifteen years immediately preceding retirement and has not attained the age of sixty-five years, or who attains or has attained the age of sixty-five years prior to two years after the effective date, may be retired by the board for permanent and to…
On retirement for permanent and total disability not incurred in line of duty a member shall receive a retirement allowance which shall consist of:(1) An annuity which shall be the actuarial equivalent of his or her accumulated normal contributions; and(2) A pension provided by the contributions of the city which, toge…
(1) The board may, at its pleasure, require any disability beneficiary under age sixty-two in the miscellaneous personnel and under age fifty-five in the uniformed personnel to undergo medical examination by medical authority designated by the board. Upon the basis of such examination the board shall determine whether…
(1) Should service of a member of the miscellaneous personnel be discontinued except by death or retirement, he or she shall be paid six months after the day of discontinuance such part of his or her accumulated contributions as he or she shall demand. Six months after the date of such discontinuance, unless on leave o…
Whenever a member withdraws his or her accumulated normal contributions the matching contributions of the city so released shall be transferred to a reserve account created for the purpose of showing the amount of credits due each city through such operation. Such credits may be used by the city to apply on any charges…
Upon the death of any member who dies from injuries or disease arising out of or incurred in the performance of his or her duty or duties, of which the board of trustees shall be the judge, if death occurs within one year from date of discontinuance of city service caused by such injury, there shall be paid to his or h…
A member may elect to receive in lieu of the retirement allowance provided for in RCW 41.44.150, its actuarial equivalent in the form of a lesser retirement allowance, payable in accordance with the terms and conditions of one of the options set forth below in this section. Election of any option must be made by writte…
A pension, annuity, or a retirement allowance granted under the provisions of this chapter, unless otherwise specified herein, shall be payable in monthly installments, and each installment shall cover for the current calendar month.
(1) The right of a person to a pension, annuity or a retirement allowance, to the return of contribution, the pension, annuity or retirement allowance itself, any optional benefit, any other right accrued or accruing to any person under the provisions of this chapter, and the moneys in the fund created under this chapt…