Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 43. STATE GOVERNMENT—EXECUTIVE |
Chapter 43.330. Department of commerce. |
Section 43.330.742. Federal employment retirement income act liability—Prohibition on state-based retirement plan for nonstate employees.
Latest version.
- The department shall not expose the state of Washington as an employer or through administration of the marketplace to any potential liability under the federal employee retirement income [security] act of 1974. As such, the department is specifically prohibited from offering and operating a state-based retirement plan for businesses or individuals who are not employed by the state of Washington.