Chapter 2.40
STATE RETIREMENT
AND PENSION SYSTEM1
Sections:
2.40.010 Participation – Officials included.
2.40.040 Prior service credit.
2.40.010 Participation – Officials included.
The city elects to participate in the statewide system for pension, relief, disability and retirement for city employees provided by Chapter 41.44 RCW. All employees and officers of the city shall be included in the system, except members of the fire department and police department; provided, that no official shall be included unless such official so elects and files a written notice of such election with the board of trustees of the pension system and with the city clerk-treasurer. (Ord. 320 § 1, 1951).
2.40.020 Number of officials.
The number of employees and officials, aside from elective officials, who shall be included as members of the pension system is approximately three. (Ord. 320 § 2, 1951).
2.40.030 Certified copy.
A certified copy of the ordinance codified in this chapter shall be transmitted to the board of trustees of the statewide system as evidence of the election of the city to join the pension system. (Ord. 320 § 3, 1951).
2.40.040 Prior service credit.
The basis for prior service credit shall be one and thirty-three-hundredths percent of final compensation, known as “full prior service credit.” (Ord. 320 § 4, 1951).
For statutory provisions regarding the statewide City Employees’ Retirement System, see Chapter 41.44 RCW.