28B.10.409  <<  28B.10.410 >>   28B.10.415

Annuities and retirement income plansLimitation on institution's contribution.

The boards of regents of the state universities, the boards of trustees of the regional universities and of The Evergreen State College, the student achievement council, or the state board for community and technical colleges shall pay not more than one-half of the annual premium of any annuity or retirement income plan established under the provisions of RCW 28B.10.400. Such contribution shall not exceed ten percent of the salary of the faculty member or other employee on whose behalf the contribution is made. This contribution may be in addition to federal social security tax contributions made by the boards, if any.

NOTES:

Effective date2012 c 229 §§ 101, 117, 401, 402, 501 through 594, 601 through 609, 701 through 708, 801 through 821, 902, and 904: See note following RCW 28B.77.005.
IntentEffective dates2011 1st sp.s. c 47: See notes following RCW 28B.10.400.
SeverabilityNomenclatureSavings1977 ex.s. c 169: See notes following RCW 28B.10.016.
SeverabilityAppropriationEffective date1973 1st ex.s. c 149: See notes following RCW 28B.10.400.
Severability1971 ex.s. c 261: See note following RCW 28B.10.400.
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