37 chapters · 1,408 sections in this title.
RCW 41.50.005 Policy and intent.
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The legislature sets forth as retirement policy and intent:(1) The retirement systems of the state shall provide similar benefits wherever possible.(2) Persons hired into eligible positions shall accrue service credit for all service rendered.(3) The calculation of benefits shall…
RCW 41.50.010 Definitions.
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As used in this chapter, unless the context clearly indicates otherwise:(1) "Actuarial value" means the present value of a change in actuarial liability;(2) "Department" means the department of retirement systems; and(3) "Director" means the director of the department of retireme…
RCW 41.50.020 Department of retirement systems—Created—Director.
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There is created a department of state government to be known as the department of retirement systems. The executive and administrative head of the department shall be the director, who shall be appointed by the governor with the consent of the senate. The director shall serve at…
RCW 41.50.030 Transfer of powers, duties, and functions of certain systems, administrators, and committees to department of retirement systems.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ***(1) As soon as possible but not more than one hundred and eighty days after March 19, 1976, there is transferred to the department of retirement systems, except as otherwise provided in this chapter, all powers, duties, and functions of:…
RCW 41.50.033 Crediting interest to retirement system accounts.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ***(1) The director shall determine when interest, if provided by a plan, shall be credited to accounts in the public employees' retirement system, the teachers' retirement system, the school employees' retirement system, the public safety …
RCW 41.50.040 Manner of selection and terms of transferred board members not affected.
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This chapter shall not affect the manner for selecting members of the boards affected by RCW 41.50.030, nor shall it affect the terms of any members serving on such boards.[1975-'76 2nd ex.s. c 105 s 6.]
RCW 41.50.050 Powers, duties, and functions of director.
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The director shall:(1) Have the authority to organize the department into not more than four divisions, each headed by an assistant director;(2) Have free access to all files and records of various funds assigned to the department and inspect and audit the files and records as de…
RCW 41.50.055 Director of retirement systems to administer Washington law enforcement officers' and firefighters' retirement system—Duties.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ***The administration of the Washington law enforcement officers' and firefighters' retirement system is hereby vested in the director of retirement systems, and the director shall:(1) Keep in convenient form such data as shall be deemed ne…
RCW 41.50.060 Delegation of powers, duties, and functions—Director's responsibilities.
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The director may delegate the performance of such powers, duties, and functions, other than those relating to rule making, to employees of the department, but the director shall remain and be responsible for the official acts of the employees of the department.The director shall …
RCW 41.50.065 Accumulated service credit—Annual notification to members.
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(1) The department shall annually notify each member of each retirement system listed in RCW 41.50.030 of his or her:(a) Service credit accumulated in the preceding calendar year; and(b) Total service credit accumulated.(2) The department shall begin notifying members under this …
RCW 41.50.070 Personnel.
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In addition to the exemptions set forth in RCW 41.06.070, the assistant directors, not to exceed two, and an internal auditor shall also be exempt from the application of the state civil service law, chapter 41.06 RCW.The officers and exempt personnel appointed by the director pu…
RCW 41.50.075 Funds established.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ***(1) Two funds are hereby created and established in the state treasury to be known as the Washington law enforcement officers' and firefighters' system plan 1 retirement fund, and the Washington law enforcement officers' and firefighters…
RCW 41.50.077 State treasurer is custodian of funds.
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The state treasurer is the custodian of, and accountant for, all funds and holdings of the retirement systems listed in RCW 41.50.030.[ 1991 c 35 s 109.]Notes:Intent—1991 c 35: See note following RCW 41.26.005.
RCW 41.50.080 Investment of funds of various systems.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ***The state investment board shall provide for the investment of all funds of the Washington public employees' retirement system, the teachers' retirement system, the school employees' retirement system, the Washington law enforcement offi…
RCW 41.50.085 Investments in accordance with established standards.
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Any investments under RCW 43.84.150 by the state investment board shall be made in accordance with the standards established in RCW 43.33A.140.[ 1998 c 14 s 2; 1977 ex.s. c 251 s 7.]
RCW 41.50.088 Duties of director—Retirement investments.
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(1) The director shall adopt rules as necessary and exercise the following powers and duties:(a) The director shall recommend to the state investment board types of options for member self-directed investment in the teachers' retirement system plan 3, the school employees' retire…
RCW 41.50.090 Department succeeds to and vested with transferred powers, duties, and functions—Boards to be kept informed—Approval of rules—Disability benefit applications.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ***(1) Except as otherwise provided in this section, on the effective date of transfer as provided in RCW 41.50.030, the department shall succeed to and is vested with all powers, duties, and functions now or by any concurrent act of this 1…
RCW 41.50.110 Expenses of administration paid from department of retirement systems expense fund—Administrative expense fee.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ***(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 off…
RCW 41.50.112 Report of member data—Department-designed format.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ***Employers, as defined in RCW 41.26.030, 41.32.010, 41.34.020, 41.35.010, and 41.40.010, must report all member data to the department in a format designed and communicated by the department. Employers failing to comply with this reportin…
RCW 41.50.120 Payment of moneys due department by employers—Interest.
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Notwithstanding any provision of law to the contrary, all employers of members of retirement systems administered by the department shall transmit by a warrant or check to the department within fifteen days following the end of each calendar month the moneys due the department as…
RCW 41.50.125 Interest on contributions—Department may charge.
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The department may charge interest, as determined by the director, on member or employer contributions owing to any of the retirement systems listed in RCW 41.50.030. The department's authority to charge interest shall extend to all optional and mandatory billings for contributio…
RCW 41.50.130 Correction of retirement systems' records—Adjustment in payment of benefits—Limitations.
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(1) The director may at any time correct errors appearing in the records of the retirement systems listed in RCW 41.50.030. Should any error in such records result in any member, beneficiary, or other person or entity receiving more or less than he or she would have been entitled…
RCW 41.50.131 Correction of errors in reporting compensation earnable.
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(1) Notwithstanding RCW 41.50.130, the department is not required to correct, nor to cause any employer to correct the reporting error described in subsection (2) of this section.(2) Standby pay and other similar forms of compensation that are not pay for time worked were not sal…
RCW 41.50.132 Correction of erroneous deduction or pickup of contributions.
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(1) By December 31, 1992, the department of retirement systems shall implement and complete the following process for those members of the law enforcement officers' and firefighters' retirement system plan 2, public employees' retirement system plans 1 and 2, and teachers' retire…
RCW 41.50.133 Recovery of certain overpayments to surviving beneficiaries under the teachers' retirement system.
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(1) The director of the department of retirement systems shall not recover from surviving beneficiaries of members who died in service any pension overpayment based on the application of section 2, chapter 96, Laws of 1979 ex. sess., nor shall such benefits be reduced.(2) The dir…
RCW 41.50.135 Collection of overpayments—Determination of liability—Administrative process created.
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(1) If the department finds that any member, beneficiary, or other person or entity has been paid an amount of retirement benefits to which that person or entity is not entitled, and the person is not entitled to a continuing benefit from any of the retirement systems listed in R…
RCW 41.50.136 Collection of overpayments—Issuance of warrant—Lien.
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Whenever a notice of determination of liability becomes conclusive and final under RCW 41.50.135, the director, upon giving at least twenty days notice by certified mail return receipt requested to the individual's last known address of the intended action, may file with the supe…
RCW 41.50.137 Collection of overpayments—Department may issue subpoenas.
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The department may issue subpoenas to compel the statement of witnesses and the production of any books, records, or documents necessary or relevant to the department's administration of duties under this chapter. It is unlawful for any person or entity, without just cause, to fa…
RCW 41.50.138 Collection of overpayments—Waiver of overpayment.
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(1) The director may waive repayment of all or part of a retirement allowance overpayment, under RCW 41.50.130 only, if:(a) The overpayment was not the result of the retiree's or the beneficiary's nondisclosure, fraud, misrepresentation, or other fault; and(b) The director finds …
RCW 41.50.139 Retirement status reports—Overpayments—Employer obligations.
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(1) Retirement system employers shall elicit on a written form from all new employees as to their having been retired from a retirement system listed in RCW 41.50.030. Employers must report any retirees in their employ to the department. If a retiree works in excess of applicable…
RCW 41.50.140 Cooperation of employers in administration of systems—Employer contributions for retroactive service credit—Employee contributions paid by employer.
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(1) Every employer participating in one or more of the retirement systems listed in RCW 41.50.030 shall fully cooperate in the administration of the systems in which its employees participate, including the distribution of information to employees, and shall accept and carry out …
RCW 41.50.145 Plan 3—Loss of investment return due to error—Liability.
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(1) If the department determines that due to employer error a member of plan 3 has suffered a loss of investment return, the employer shall pay the department for credit to the member's account the amount determined by the department as necessary to correct the error.(2) If the d…
RCW 41.50.150 Retirement benefits based on excess compensation—Employer liable for extra retirement costs.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ***(1) The employer of any employee whose retirement benefits are based in part on excess compensation, as defined in this section, shall, upon receipt of a billing from the department, pay into the appropriate retirement system the present…
RCW 41.50.152 Payment of excess compensation—Public notice requirements.
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(1) Except as limited by subsection (3) of this section, the governing body of an employer under chapter 41.32, 41.35, 41.37, or 41.40 RCW shall comply with the provisions of subsection (2) of this section prior to executing a contract or collective bargaining agreement with memb…
RCW 41.50.155 Erroneous withdrawals of contributions—Restoration.
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(1) If a person receives a withdrawal of accumulated contributions from any of the retirement systems listed in RCW 41.50.030 in contravention of the restrictions on withdrawal for the particular system, the member shall no longer be entitled to credit for the period of service r…
RCW 41.50.160 Restoration of withdrawn contributions.
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The department of retirement systems shall incorporate the development of individual member accounts receivable into its information systems projects for fiscal years 1993 and 1994, so that by January 1, 1994, members of state retirement systems who are otherwise eligible to rest…
RCW 41.50.165 Establishing, restoring service credit—Conditions.
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(1) Except for those affected by subsection (4) of this section, a member of a retirement system specified by RCW 41.50.030 or, one previously established by the state but closed to new membership, may, as provided in each retirement system:(a) Establish allowable membership serv…
RCW 41.50.170 Notification of restoration rights.
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Upon termination for reasons other than retirement, the department shall inform a member withdrawing his or her contributions, and the member shall acknowledge in writing, of the right to restore such contributions upon reestablishment of membership in the respective retirement s…
RCW 41.50.175 Adoption of rules.
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The department shall adopt rules under chapter 34.05 RCW implementing and administering chapter 197, Laws of 1994. These rules are to include, but are not limited to:(1) The application and calculation of actuarial value, with the agreement of the state actuary; and(2) Establishi…
RCW 41.50.180 Inactive accounts—Identification, closing, and refund.
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(1) By January 1, 2022, the department will establish by rule an effective means of:(a) Identifying inactive accounts of nonvested members of the retirement systems listed in RCW 41.50.030 whose account balance is less than one thousand dollars; and(b) Providing for the orderly c…
RCW 41.50.200 Subdivision of retirement system funds.
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In the records of the teachers' retirement system the teachers' retirement system plan 1 fund shall be subdivided into the member reserve, the pension reserve, and other funds as may from time to time be created by the director for the purpose of the internal accounting record. T…
RCW 41.50.205 Records—Teachers' retirement system annual report.
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The department shall keep a record of all its proceedings, which shall be open to public inspection. It shall publish annually a report showing the fiscal transactions of the Washington state teachers' retirement system for the preceding school year; the amount of the accumulated…
RCW 41.50.210 Medical director.
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The director shall designate a medical director. If required, other physicians may be employed to report on special cases. The medical director shall arrange for and pass upon all medical examinations required under the provisions of chapter 41.32 RCW, investigate all essential s…
RCW 41.50.215 Teachers' retirement system funds—Annual interest to be credited.
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From interest and other earnings on the moneys of the Washington state teachers' retirement system, and except as otherwise provided in *RCW 41.32.499, at the close of each fiscal year the department shall make an allowance of regular interest on the balance which was on hand at …
RCW 41.50.220 Trustees, employees not to guarantee loans.
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No trustee or employee of the department shall become an endorser or surety or an obligor for moneys loaned by the department.[ 1991 c 35 s 37; 1947 c 80 s 23; Rem. Supp. 1947 s 4995-42. Prior: 1941 c 97 s 6, part; 1939 c 86 s 6, part; 1937 c 221 s 7, part; Rem. Supp. 1941 s 4995…
RCW 41.50.230 Employer reports to department.
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On or before a date specified by the department in each month every employer shall file a report with the department on a form provided, stating the name of the employer and with respect to each employee who is a member or who is required to become a member of the Washington stat…
RCW 41.50.235 Teachers' retirement system salary deductions.
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Every officer authorized to issue salary warrants to teachers shall deduct from the salary payments to any member of the Washington state teachers' retirement system plan 1 regularly employed an amount which will result in total deductions of six percent of the amount of earnable…
RCW 41.50.240 Duties of payroll officer.
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The person responsible for making up the payroll shall transmit promptly to the department at the end of each and every payroll period a copy of the original payroll voucher or such other payroll report as the department may require showing thereon all deductions for contribution…
RCW 41.50.255 Payment of legal and medical expenses of retirement systems.
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*** CHANGE IN 2026 *** (SEE 2034-S2.SL) ****** CHANGE IN 2026 *** (SEE 5834-S.SL) ***The director is authorized to pay from the interest earnings of the trust funds of the public employees' retirement system, the teachers' retirement system, the Washington state patrol retirement…
RCW 41.50.260 Public employees' retirement system funds created.
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For the purpose of the internal accounting record of the public employees' retirement system and not the segregation of moneys on deposit with the state treasurer there are hereby created the employees' savings fund, the benefit account fund, and such other funds as the director …