WSR 17-13-032

PREPROPOSAL STATEMENT OF INQUIRY

[Filed June 13, 2017, 1:15 p.m.]

Subject of Possible Rule Making: Purchasing additional service credit.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 41.50.050.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: To clarify that the benefit increase resulting from the purchase of additional service credit will become effective the day after full payment is received, even if the member is retiring retroactively.

Process for Developing New Rule: Agency study.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Jilene Siegel, Rules Coordinator, Department of Retirement Systems, P.O. Box 48380, Olympia, WA 98504-8380, email Rules@drs.wa.gov, phone (360) 664-7291.

June 13, 2017

Jilene Siegel

Rules Coordinator