Wash. Rev. Code § 43.330.742

Current through the 2024 Regular Session
Section 43.330.742 - Federal employment retirement income act liability-Prohibition on state-based retirement plan for nonstate employees

The department shall not expose the state of Washington as an employer or through administration of the marketplace to any potential liability under the federal employee retirement income [security] act of 1974. As such, the department is specifically prohibited from offering and operating a state-based retirement plan for businesses or individuals who are not employed by the state of Washington.

RCW 43.330.742

2015 c 296 § 6.