Wash. Admin. Code § 415-106-110

Current through Register Vol. 24-21, November 1, 2024
Section 415-106-110 - If I am a member of PERS, may I change my membership to PSERS?

You may have the right to change your retirement system membership from PERS to PSERS according to the requirements in this section.

(1) You may change retirement system membership from PERS to PSERS if:
(a) You were a member of either PERS Plan 2 or Plan 3 before July 1, 2006; and
(b) On July 1, 2006, you meet the requirements for membership in RCW 41.37.010; and
(c) You submit a properly completed election form to your employer between July 1, 2006, and September 30, 2006.
(2) You may also change retirement system membership from PERS to PSERS if:
(a) You were a member of either PERS Plan 2 or Plan 3 before January 1, 2019; and
(b) On January 1, 2019, you met the requirements for membership in RCW 41.37.010; and
(c) You submit a properly completed election form to your employer between January 1, 2019, and March 1, 2019.
(3) You may also change retirement system membership from PERS to PSERS if:
(a) You were a member of either PERS Plan 2 or Plan 3 before June 1, 2024; and
(b) On June 1, 2024, you met the requirements for membership in RCW 41.37.010 (19)(f); and
(c) You submit a properly completed election form to your employer between June 1, 2024, and September 1, 2024.
(4) Your change in membership is prospective only.
(5) You will become a dual member of PSERS and PERS. All service credit and compensation previously reported in PERS will remain in PERS. Your retirement benefits will be governed by the dual member "portability" provisions in chapters 41.54 RCW and 415-113 WAC.
(6) If you meet the conditions in subsection (1), (2), or (3) of this section and do not elect PSERS membership during the election window, you cannot become a member of PSERS while you continue employment with the same employer; however, if you terminate your employment with that employer after the election window begins, and subsequently become employed in a PSERS eligible position, you will be mandated into PSERS membership.

Wash. Admin. Code § 415-106-110

Amended by WSR 19-10-038, Filed 4/26/2019, effective 5/27/2019
Amended by WSR 22-13-091, Filed 6/13/2022, effective 7/14/2022
Amended by WSR 24-11-015, Filed 5/6/2024, effective 6/1/2024

Statutory Authority: RCW 41.50.050(5), chapters 41.37 and 41.45 RCW, and RCW 41.40.113. 08-02-046, §415-106-110, filed 12/27/07, effective 1/27/08.