Washington Code 43.330.742 – Federal employment retirement income act liability — Prohibition on state-based retirement plan for nonstate employees
Current as of: 2023 | Check for updates
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The department shall not expose the state of Washington as an employer or through administration of the marketplace to any potential liability under the federal employee retirement income [security] act of 1974. As such, the department is specifically prohibited from offering and operating a state-based retirement plan for businesses or individuals who are not employed by the state of Washington.
[ 2015 c 296 § 6.]