Purpose.
These rules relate to the implementation of RCW
41.50.120 and
41.50.125 which provide the department of retirement systems the authority to assess interest on the overdue unpaid balance of a receivable owed to the department. These rules are intended to encourage payment in a timely manner.
[Statutory Authority: RCW
41.50.050,
41.50.120 and
41.50.125. WSR 98-24-083, § 415-114-100, filed 12/1/98, effective 1/1/99. Statutory Authority: RCW
41.50.050,
41.50.120 and chapter
34.05 RCW. WSR 91-19-062, § 415-114-100, filed 9/16/91, effective 10/17/91.]
