Washington § 41.24.185 - Lump sum payments — Monthly pension under fifty dollars.

Full text of Washington Revised Code of Washington § 41.24.185 — Lump sum payments — Monthly pension under fifty dollars., with citation guidance and answers to common questions.

§ 41.24.185. Lump sum payments — Monthly pension under fifty dollars.

Any monthly pension, payable under this chapter, which will not amount to fifty dollars may be converted into a lump sum payment equal to the actuarial equivalent of the monthly pension. The conversion may be made either upon written application to the state board and shall rest at the discretion of the state board; or the state board may make, on its own motion, lump sum payments, equal or proportionate, as the case may be, to the value of the annuity then remaining in full satisfaction of claims due. Any person receiving a monthly payment of less than twenty-five dollars at the time of September 1, 1979, may elect, within two years, to convert such payments into a lump sum payment as provided in this section.
[ 2003 c 62 s 2; 1989 c 91 s 7.]

Notes

Effective date—2003 c 62: See note following RCW 41.24.170.
Effective date—1989 c 91: See note following RCW 41.24.010.

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

Related Washington Legal Topics

Frequently Asked Questions About Washington § 41.24.185

What does Revised Code of Washington § 41.24.185 cover?

Section 41.24.185 ("Lump sum payments — Monthly pension under fifty dollars.") 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 § 41.24.185?

A common citation format is "Revised Code of Washington § 41.24.185" (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 § 41.24.185 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.