Title 41, Title 41 PUBLIC EMPLOYMENT, CIVIL SERVICE, AND PENSIONS
38 chapters · 1,469 sections in this title.
RCW 41.26A.510 Restated retirement system established.
0.8K chars
(1) The restated law enforcement officers' and firefighters' retirement system is hereby established as provided in this chapter. The restated law enforcement officers' and firefighters' retirement system established by this chapter may also be referred to by statute and rule as …
RCW 41.26A.515 Restated law enforcement officers' and firefighters' defined benefit retirement fund.
0.8K chars
(1) The restated law enforcement officers' and firefighters' defined benefit retirement fund is created in the custody of the state treasurer. The fund shall consist of assets transferred from the Washington law enforcement officers' and firefighters' system plan 1 retirement fun…
RCW 41.26A.520 Transfers of funds.
1.7K chars
(1) On June 30, 2029, at the direction of the director of retirement systems, the state treasurer shall transfer to the restated law enforcement officers' and firefighters' defined benefit retirement fund an amount equal to 110 percent of the actuarial present value of the fully …
RCW 41.26A.525 Pension surplus holding account.
0.4K chars
The pension surplus holding account is created in the state treasury. Moneys in the account may be spent only after appropriation. Expenditures from the account may be used only for expenditures related to implementation of chapter 261, Laws of 2026. During the 2027-2029 fiscal b…
RCW 41.26A.530 Investment of funds.
1.1K chars
(1) The state investment board has the full power to invest, reinvest, manage, contract, sell, or exchange investment money in (a) the restated law enforcement officers' and firefighters' defined benefit retirement fund and (b) the pension surplus holding account. All investment …
RCW 41.26A.535 Reservation of rights.
0.5K chars
The legislature reserves the right to make such amendments and modifications as may be necessary in the future to accomplish the goals of RCW 41.26A.500 through 41.26A.540, without any diminution of the rights and benefits of the law enforcement officers' and firefighters' system…
RCW 41.26A.540 Statute of limitations.
0.8K chars
Any claim filed challenging the validity of RCW 41.26A.500 through 41.26A.540 not filed before December 31, 2027, is forever barred, if not already barred by an otherwise applicable statute of limitations. As an urgent issue of broad public importance that requires prompt and ult…
RCW 41.26A.545 Compliance with federal requirements.
1.1K chars
(1) The department of retirement systems shall seek appropriate guidance from the federal internal revenue service to ensure the continuous compliance of the law enforcement officers' and firefighters' system plan 1 and the restated law enforcement officers' and firefighters' ret…
RCW 41.26A.800 Study of restated system oversight.
0.8K chars
(1) The select committee on pension policy shall study the appropriate entity to assume the responsibility of studying issues, developing policies for beneficiaries, and making recommendations to the legislature for the restated law enforcement officers' and firefighters' retirem…
RCW 41.26A.801 Study of pension boards and medical liability.
0.9K chars
(1) The select committee on pension policy shall study the administration of pension boards and medical benefit liabilities of the law enforcement officers' and firefighters' retirement system plan 1.(2) The study must evaluate options for the state to assume responsibility of pe…