Washington § 41.32.892 - Restored, purchased service credit under plan 2 — Transfer to plan 3.

Full text of Washington Revised Code of Washington § 41.32.892 — Restored, purchased service credit under plan 2 — Transfer to plan 3., with citation guidance and answers to common questions.

§ 41.32.892. Restored, purchased service credit under plan 2 — Transfer to plan 3.

(1) Any member who elects to transfer to plan 3 and has eligible unrestored withdrawn contributions in plan 2, may restore such contributions under the provisions of RCW 41.32.825(1) with interest as determined by the department. The restored plan 2 service credit will be automatically transferred to plan 3. Restoration payments will be transferred to the member account in plan 3. If the member fails to meet the time limitations of RCW 41.32.825(1), they may restore such contributions under the provisions of RCW 41.50.165(2). The restored plan 2 service credit will be automatically transferred to plan 3. One-half of the restoration payments under RCW 41.50.165(2) plus interest shall be allocated to the member's account.
(2) Any member who elects to transfer to plan 3 may purchase plan 2 service credit under RCW 41.32.810(3). Purchased plan 2 service credit will be automatically transferred to plan 3. Contributions on behalf of the employer paid by the employee shall be allocated to the defined benefit portion of plan 3 and shall not be refundable when paid to the fund described in RCW 41.50.075(2). Contributions on behalf of the employee shall be allocated to the member account. If the member fails to meet the time limitations of RCW 41.32.810(3), they may subsequently restore such contributions under the provisions of RCW 41.50.165(2). Purchased plan 2 service credit will be automatically transferred to plan 3. One-half of the payments under RCW 41.50.165(2), plus interest, shall be allocated to the member's account.
[ 1996 c 39 s 9.]

Notes

Effective dates—1996 c 39: See note following RCW 41.32.010.

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

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What does Revised Code of Washington § 41.32.892 cover?

Section 41.32.892 ("Restored, purchased service credit under plan 2 — Transfer to plan 3.") 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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