RCW 41.32.818Public employees' retirement system members who previously declined membership in the teachers' retirement system—Transfer to plan 3—Irrevocable option.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 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.
Washington Legal Code