Washington Code 41.32.760 – Computation of the retirement allowance
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A member of the retirement system shall receive a retirement allowance equal to two percent of such member’s average final compensation for each year of service.
NOTES:
Effective date—Severability—Legislative direction and placement—Section headings—1977 ex.s. c 293: See notes following RCW 41.32.755.
Terms Used In Washington Code 41.32.760
- Member: means any teacher included in the membership of the retirement system who has not been removed from membership under RCW 41. See Washington Code 41.32.010
- Retirement system: means the Washington state teachers' retirement system. See Washington Code 41.32.010