§ 41.45.130. Public employees' retirement system plan 2 assets divided -- Assets transferred to school employees' retirement system
Upon the advice of the state actuary, the state treasurer shall divide the assets in the public employees' retirement system plan 2 as of September 1, 2000, in such a manner that sufficient assets remain in plan 2 to maintain the employee contribution rate calculated in the latest actuarial valuation of the public employees' retirement system plan 2. The state actuary shall take into account changes in assets that occur between the latest actuarial valuation and the date of transfer. The balance of the assets shall be transferred to the Washington school employees' retirement system plan 2 and 3.
[1998 c 341 § 407.]
Notes:
Effective date -- 1998 c 341: See RCW 41.35.901.
Sections: Previous 41.45.067 41.45.070 41.45.080 41.45.090 41.45.100 41.45.110 41.45.120 41.45.130 41.45.150 41.45.155 41.45.158 41.45.200 41.45.203 41.45.207 41.45.230 Next
Last modified: April 7, 2009