Washington Code 41.26.700 – Overview — Intent
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The law enforcement officers’ and firefighters’ retirement system plan 2 is currently subject to policymaking by the legislature’s joint committee on pension policy with ratification by the members of the legislature and is administered by the department of retirement systems.
Terms Used In Washington Code 41.26.700
- Department: means the department of retirement systems created in chapter 41. See Washington Code 41.26.030
- Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
- Member: means any firefighter, law enforcement officer, or other person as would apply under subsection (17) or (19) of this section whose membership is transferred to the Washington law enforcement officers' and firefighters' retirement system on or after March 1, 1970, and every law enforcement officer and firefighter who is employed in that capacity on or after such date. See Washington Code 41.26.030
- Retirement system: means the "Washington law enforcement officers' and firefighters' retirement system" provided herein. See Washington Code 41.26.030
Members of the plan have no direct input into the management of their retirement program. Forty-six other states currently have member representation in their pension management. Chapter 2, Laws of 2003 is intended to give management of the retirement program to the people whose lives are directly affected by it and who provide loyal and valiant service to ensure the health, safety, and welfare of the citizens of the state of Washington.
[ 2003 c 2 § 1 (Initiative Measure No. 790, approved November 5, 2002).]