Wash. Admin. Code § 415-110-800

Current through Register Vol. 24-24, December 15, 2024

Section 415-110-800 - When does a member of the school employees' retirement system (SERS) enter retirement status?

A member of the SERS enters retirement status when he or she:

(1) Has separated from service as defined in RCW 41.35.010;

(2) Has no written agreement to return to public employment prior to entering "retiree status"; and

(3) Has applied for retirement, the accrual date has been determined under RCW 41.35.450 or 41.35.640, and the benefit begins to accrue.

Example:	Doug is eligible for retirement on July 1st. He submits an application on June 1st with a July 1st retirement date. His last day of employment is June 30th and he does not have an agreement to return to work.
Doug's retirement date (accrual date) is July 1st, and the benefit begins to accrue. The first retirement payment will be paid at the end of July. Doug entered "retiree status" effective July 1st.

Wash. Admin. Code § 415-110-800

Amended by WSR 22-13-093, Filed 6/14/2022, effective 7/14/2022

Statutory Authority: RCW 41.50.050(5), 41.04.270, 41.26.030, 41.32.010, 41.32.025, 41.32.480, 41.32.500, 41.32.570, 41.32.765, 41.32.795, 41.32.802, 41.32.855, 41.32.860, 41.32.862, 41.35.010, 41.35.030, 41.35.060, 41.35.450, 41.35.640, 41.40.010, 41.40.023, 41.40.037, 41.40.150, 41.40.193, 41.40.680, 41.40.750, 41.40.801. 02-02-060, §415-110-800, filed 12/28/01, effective 1/1/02.