RCW 41.32.840
143 words·~1 min read·
/wa/title-41/chapter-41-32/41-32-840·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A member of the retirement system shall receive a retirement allowance equal to one percent of such member's average final compensation for each service credit year.
(2)The retirement allowance payable under RCW 41.32.875 to a member who separates after having completed at least twenty service credit years shall be increased by twenty-five one-hundredths of one percent, compounded for each month from the date of separation to the date that the retirement allowance commences.
[ 1996 c 39 s 4 ; 1995 c 239 s 106 .]
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 .