Wash. Admin. Code § 415-112-490
Current through Register Vol. 24-12, June 15, 2024
A payment made as an incentive to retire or terminate is not a payment for services provided, and is not earnable compensation.
Example: | A collective bargaining agreement authorizes a school district to pay employees a higher salary during the last two years of employment if the employee gives written notice of his or her intent to retire. Because the payment is in exchange for the agreement to retire and not for services, the payment is not earnable compensation. |
Wash. Admin. Code § 415-112-490
Statutory Authority: RCW 41.50.050(5) and 41.32.010(10). 05-12-108, § 415-112-490, filed 5/27/05, effective 6/27/05. Statutory Authority: RCW 41.50.050. 97-03-016, § 415-112-490, filed 1/6/97, effective 2/6/97.