Washington § 2.10.070 - Retirement board — Duties.

Full text of Washington Revised Code of Washington § 2.10.070 — Retirement board — Duties., with citation guidance and answers to common questions.

§ 2.10.070. Retirement board — Duties.

The retirement board shall perform the following duties:
(1) Keep in convenient form such data as shall be deemed necessary for actuarial evaluation purposes;
(2) As of July 1st of every even-numbered year have an actuarial evaluation made as to the mortality and service experience of the beneficiaries under this chapter and the various accounts created for the purpose of showing the financial status of the retirement fund;
(3) Adopt for the retirement system the mortality tables and such other tables as shall be deemed necessary;
(4) Keep a record of its proceedings, which shall be open to inspection by the public;
(5) Serve without compensation but shall be reimbursed for expense incident to service as individual members thereof;
(6) From time to time adopt such rules and regulations not inconsistent with this chapter for the administration of this chapter and for the transaction of the business of the board.
No member of the board shall be liable for the negligence, default, or failure of any employee or of any member of the board to perform the duties of his or her office and no member of the board shall be considered or held to be an insurer of the funds or assets of the retirement system, but shall be liable only for his or her own personal default or individual failure to perform his or her duties as such member and to exercise reasonable diligence in providing for safeguarding of the funds and assets of the system.
[ 2011 c 336 s 22; 1971 ex.s. c 267 s 7.]

Related Washington Legal Topics

Frequently Asked Questions About Washington § 2.10.070

What does Revised Code of Washington § 2.10.070 cover?

Section 2.10.070 ("Retirement board — Duties.") 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.

How do I cite Washington § 2.10.070?

A common citation format is "Revised Code of Washington § 2.10.070" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 2.10.070 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.