Washington Code 41.05.340 – Salary reduction plan — Termination — Amendment
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(1) The state may terminate the salary reduction plan at the end of the plan year or upon notification of federal action affecting the status of the plan.
Terms Used In Washington Code 41.05.340
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
(2) The authority may amend the salary reduction plan at any time if the amendment does not affect the rights of the participants to receive eligible reimbursement from the participants’ accounts.
NOTES:
Effective date—2008 c 229: See note following RCW 41.05.295.
Effective date—1995 1st sp.s. c 6: See note following RCW 28A.400.410.