Department of Retirement Systems
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New Rules

(Note: Adopted rules may be different from the proposed rules.)



Rules Adopted WA State Register Citations

Default investment option for Plan 3 members in the self-directed program

Amends department rules to include the new fund that the Washington State Investment Board selected as the default investment option for members of Plan 3 who elect to self-direct their investments but do not establish an investment allocation.

Preproposal: WSR 08-09-060
Proposal: WSR 08-15-113
Adoption: WSR 08-18-058
Effective Date: October 3, 2008

LEOFF Plan 2 survivor's health care

Implements SB 6723 (2006), which provides for the reimbursement of health care premiums for eligible surviving spouses and dependent children of members of LEOFF Plan 2 who die in the line of duty.

Preproposal: WSR 06-08-074
Proposal: WSR 08-12-075
Adoption: WSR 08-15-112
Effective Date: August 18, 2008

Indexed retirement allowance

Implements SHB 1264 (2007), which allows members of the Law Enforcement Officers' and Fire Fighters' Retirement System (LEOFF) Plan 2 to qualify for an indexed retirement allowance.

Preproposal: WSR 08-08-040
Proposal: WSR 08-12-107
Adoption: WSR 08-15-065
Effective Date: August 14, 2008

$150,000 death benefit

Implements SHB 1266 (2007), which amends under what circumstances a beneficiary of the Law Enforcement Officers’ and Fire Fighters’ Retirement System (LEOFF), Public Employees’ Retirement System (PERS), Public Safety Employees’ Retirement System (PSERS), School Employees’ Retirement System (SERS), Teachers’ Retirement System (TRS), or the Washington State Patrol Retirement System (WSPRS) may receive a $150,000 death benefit.

Preproposal: WSR 07-20-071
Proposal: WSR 08-08-021
Adoption: WSR 08-11-102
Effective Date: June 20, 2008

Technical Corrections

Corrections to chapters 415-02, 415-112, and 415-200 WAC to fix typographical errors and broken links, and to update meeting information.

Expedited: 08-05-028
Adoption: 08-10-025
Effective Date: May 26, 2008

PSERS chapter

Implements chapter 41.37 RCW, Washington Public Safety Employees' Retirement System (PSERS). PSERS is a retirement system for public employees whose job contains a high degree of physical risk to their own personal safety.

Preproposal:WSR 05-12-019
Proposal: WSR 07-22-101
Adoption: WSR 08-02-046
Effective Date: January 27, 2008

PSERS related changes

Amends department rules to include references to PSERS.

Preproposal:WSR 06-15-072
Proposal: WSR 07-22-114
Adoption: WSR 08-02-048
Effective Date: January 27, 2008

Age 66 COLA

Incorporates Senate Bill 5175 (2007), which modified the eligibility requirements for retirees, beneficiaries, and eligible ex-spouses of PERS Plan 1 and TRS Plan 1 to receive a cost of living adjustment at age 66.

Preproposal:WSR 07-11-106
Proposal: WSR 07-22-095
Adoption: WSR 08-01-079
Effective Date: January 17, 2008

Retiree Insurance Premium Deductions

Incorporates provision of the Pension Protection Act (2006) that allows eligible retired public safety officers to exclude up to $3,000 of their retirement benefit from taxable income each year for qualified health insurance premiums.

Preproposal:WSR 07-10-030
Proposal: WSR 07-18-025
Adoption: WSR 07-22-026
Effective Date: November 26, 2007