The department shall adopt rules under chapter 34.05 RCW implementing and administering chapter 197, Laws of 1994. These rules are to include, but are not limited to:
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Terms Used In Washington Code 41.50.175

  • Actuarial value: means the present value of a change in actuarial liability;
Washington Code 41.50.010
  • Department: means the department of retirement systems; and
    • Washington Code 41.50.010
    (1) The application and calculation of actuarial value, with the agreement of the state actuary; and
    (2) Establishing the minimum partial payment or the minimum units of restored service, or both.

    NOTES:

    Intent—Severability—Effective date—1994 c 197: See notes following RCW 41.50.165.
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