§ 41.40.750. Transfer of membership and service credit -- Restoration of contributions and service credit
(1) Effective September 1, 2000, the membership of all plan 2 members currently employed in eligible positions in a school district or educational service district and all plan 2 service credit for such members, is transferred to the Washington school employees' retirement system plan 2. Plan 2 members who have withdrawn their member contributions for prior plan 2 service may restore contributions and service credit to the Washington school employees' retirement system plan 2 as provided under RCW 41.40.740.
(2)(a) The membership and previous service credit of a plan 2 member not employed in an eligible position on September 1, 2000, will be transferred to the Washington school employees' retirement system plan 2 when he or she becomes employed in an eligible position. Plan 2 members not employed in an eligible position on September 1, 2000, who have withdrawn their member contributions for prior plan 2 service may restore contributions and service credit to the Washington school employees' retirement system plan 2 as provided under RCW 41.40.740.
(b) The membership and previous service credit of a plan 2 member last employed by a school district or educational service district and retired prior to September 1, 2000, will be transferred to the Washington school employees' retirement system plan 2 if the member opts to reestablish membership.
(3) Members who restore contributions and service credit under subsection (1) or (2) of this section shall have their contributions and service credit transferred to the Washington school employees' retirement system.
[2001 2nd sp.s. c 10 § 13; 1998 c 341 § 113.]
Notes:
Effective dates -- 2001 2nd sp.s. c 10: See note following RCW 41.40.037.
Effective date -- 1998 c 341: See RCW 41.35.901.
Sections: Previous 41.40.690 41.40.700 41.40.710 41.40.720 41.40.730 41.40.740 41.40.748 41.40.750 41.40.760 41.40.763 41.40.767 41.40.770 41.40.780 41.40.785 41.40.787 Next
Last modified: April 7, 2009