Chapter 2.88
RETIREMENT SYSTEM
Sections:
2.88.010 Election to participate in statewide system.
2.88.020 Number of employees included.
2.88.030 Prior service credit.
2.88.040 Social security coverage.
2.88.050 Basis for contributions.
2.88.010 Election to participate in statewide system.
The city has elected to participate as a member of the Statewide City Employees’ Retirement System for pension, relief, disability, and retirement for all employees and officials, excepting the mayor and councilmen of the city, as provided by Chapter 41.44 RCW. All city employees and officials, except the mayor and councilmen, shall be included in the system. (Prior code § 1.58.010).
2.88.020 Number of employees included.
The number of employees and officials, other than elective officials, who shall be included as members of the pension system is approximately 17. (Prior code § 1.58.020).
2.88.030 Prior service credit.
The basis for prior service credit shall be one and thirty-three one hundredths of final compensation known as full prior service credit. (Prior code § 1.58.030).
2.88.040 Social security coverage.
The basis for Social Security coverage will be coordination. (Prior code § 1.58.040).
2.88.050 Basis for contributions.
The basis for contribution shall be the full compensation of a member. (Prior code § 1.58.050).