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Code · Washington · Title 41 — Public Employment, Civil Service, and Pensions · Chapter 41.32

RCW 41.32.818

197 words·~1 min read·/wa/title-41/chapter-41-32/41-32-818·

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Any member of the public employees' retirement system plan 2 who is employed in an eligible position as an educational staff associate and who elected pursuant to RCW 41.32.032 (2)(a) to remain a member of the public employees' retirement system under chapter 41.40 RCW may make an irrevocable option before January 1, 1998, to transfer to plan 3 pursuant to RCW 41.32.817 , PROVIDED THAT:
(1)Only service credit for previous periods of employment in a position covered by RCW 41.32.010 is transferred to plan 3;
(2)Equivalent accumulated employee and employer contributions attributable to service covered by subsection
(1)of this section are transferred to plan 3;
(3)Employer contributions transferred under this section shall be paid into the teachers' retirement system combined plan 2 and 3 fund.
[ 1996 c 39 s 3 ; 1995 c 239 s 304 .]
Notes:
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 .
Benefits not contractual right until date specified: RCW 41.34.100 .
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