Washington Code 41.44.300 – System abolished — Date — Transfer of assets, liabilities, and responsibilities
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Notwithstanding any provisions of chapter 41.44 RCW to the contrary, the statewide employees’ retirement system shall no longer exist after January 1, 1972, at which time all assets, liabilities, and responsibilities of the statewide city employees’ retirement system shall be transferred to and assumed by the Washington public employees’ retirement system as provided for in *RCW 41.40.405 through 41.40.407.
[ 1971 c 75 § 4.]
NOTES:
*Reviser’s note: RCW 41.40.405 through 41.40.407 were decodified pursuant to 1991 c 35 § 4.
Terms Used In Washington Code 41.44.300
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Retirement system: means the statewide city employees retirement system provided for herein. See Washington Code 41.44.030