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| Intent—Goals. |
| Definitions. |
| State actuary to submit information on the experience and financial condition of each retirement system—Adoption of long-term economic assumptions. |
| Long-term economic assumptions—Investment rate of return assumptions—Asset value smoothing technique. |
| Contributions to be based on rates established in this chapter—Allocation formula for contributions. |
| Basic state and employer contribution rates—Methods used—Role of council—Role of state actuary. |
| Contribution rates—Law enforcement officers' and firefighters' retirement system plan 2. |
| Required contribution rates for plan 2 members. |
| Annual contribution rate increases—Employer, state, and plan 2 members. |
| Plan 1 unfunded accrued actuarial liabilities —Contributions in addition to RCW 41.45.062—Intent. |
| Washington state patrol retirement system—Contribution rate—Allocation of costs. |
| Failure of state or employer to make required contribution—Resulting increase in contribution rate borne in full by state or employer—Members' contribution deducted each payroll period. |
| Supplemental rate. |
| Additional contributions may be required. |
| Collection of actuarial data. |
| Pension funding council—Created. |
| Pension funding council—Audits required—Select committee on pension policy. |
| Pension funding work group. |
| Public employees' retirement system plan 2 assets divided—Assets transferred to school employees' retirement system. |
| Unfunded liabilities—Employer contribution rates. |
| Certain plans 2 and 3 normal costs—Minimum basic employer contribution rates. |
| Certain plans 2 and 3 normal costs—Minimum member contribution rates. |
| Contribution rates for certain justices and judges—Public employees' retirement system. |
| Contribution rates for certain justices and judges—Teachers' retirement system. |
| Contribution rates for certain district or municipal court judges—Public employees' retirement system. |
| Pension funding stabilization account—Creation. |