Washington § 28B.10.431 - Annuities and retirement income plans — Monthly benefit — Postretirement adjustment — Computation.

Full text of Washington Revised Code of Washington § 28B.10.431 — Annuities and retirement income plans — Monthly benefit — Postretirement adjustment — Computation., with citation guidance and answers to common questions.

§ 28B.10.431. Annuities and retirement income plans — Monthly benefit — Postretirement adjustment — Computation.

Notwithstanding any provision of law to the contrary, effective July 1, 1983, the monthly benefit of each person who either is receiving a benefit pursuant to a program established under RCW 28B.10.400 for their service as of July 1, 1978, or commenced receiving a monthly benefit as a surviving spouse or written designated beneficiary with an insurable interest in the retiree as of a date no later than December 31, 1982, shall be permanently increased by a postretirement adjustment of $.74 per month for each year of creditable service the faculty member or employee established with the annuity or retirement income plan. Any fraction of a year of service shall be counted in the computation of the postretirement adjustment.
[ 1983 1st ex.s. c 56 s 2.]

Notes

Effective date—1983 1st ex.s. c 56: See note following RCW 2.12.046.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 28B.10.431

What does Revised Code of Washington § 28B.10.431 cover?

Section 28B.10.431 ("Annuities and retirement income plans — Monthly benefit — Postretirement adjustment — Computation.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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