5510: Retirement Programs
- 5000: Personnel
5510: Retirement Programs
Adoption Date: Nov. 20, 2012
Staff will become members of the Federal Income Contribution Act (Social Security System) and the Washington State Teachers’ Retirement System or the Washington School Employees Retirement System as required by law. The district will make contributions to these retirement systems in behalf of staff according to law and will make payroll deductions from staff wages and salaries for the staff contributions to these programs as required by law. No contributions will be made to an employee’s retirement system for accrued vacation leave in excess of 30 days.
Legal References
- Chapter 41.32 RCW Teachers’ Retirement
- Chapter 41.35 RCW Washignton School Employees Retirement System
- RCW 41.50.150 Retirement benefits based on excess compensation — Employer liable for extra retirement costs