Washington § 41.35.720 - Employer contribution rates.

Full text of Washington Revised Code of Washington § 41.35.720 — Employer contribution rates., with citation guidance and answers to common questions.

§ 41.35.720. Employer contribution rates.

The required contribution rates to the retirement system for employers shall be established by the director from time to time as may be necessary upon the advice of the state actuary. The state actuary shall use the aggregate actuarial cost method to calculate contribution rates. The employer contribution rate calculated under this section shall be used only for the purpose of determining the amount of employer contributions to be deposited in the plan 2 fund from the total employer contributions collected under RCW 41.35.090.
Any increase in the contribution rate required as the result of a failure of an employer to make any contribution required by this section shall be borne in full by the employer not making the contribution.
The director shall notify all employers of any pending adjustment in the required contribution rate and such increase shall be announced at least thirty days prior to the effective date of the change.
The employer's contribution shall be remitted directly to the department within fifteen days following the end of the calendar month during which the payroll period ends.
[ 1998 c 341 s 213.]

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Frequently Asked Questions About Washington § 41.35.720

What does Revised Code of Washington § 41.35.720 cover?

Section 41.35.720 ("Employer contribution rates.") 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 § 41.35.720?

A common citation format is "Revised Code of Washington § 41.35.720" (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 § 41.35.720 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.