Washington Administrative Code
Title 415 - Retirement Systems, Department of
Chapter 415-110 - School employees' retirement system
MEMBERSHIP
Section 415-110-815 - What is the minimum dollar limit used to determine a Plan 3 lump sum benefit payment?

Universal Citation: WA Admin Code 415-110-815

Current through Register Vol. 24-18, September 15, 2024

(1) The minimum dollar limit under RCW 41.35.670 for determining if a lump sum payment may be received instead of a monthly benefit is increased to $119.41 as of March 1, 2002.

(2) The limit established in subsection (1) of this section will be increased each January 1st by three percent beginning January 1, 2003.

Statutory Authority: RCW 41.50.050(5) and 41.35.670. 02-03-120, §415-110-815, filed 1/23/02, effective 3/1/02.

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