Statutes, codes, and regulations
Washington Administrative Code
Title 415 - Retirement Systems, Department ofChapter 415-501 - Deferred compensation plan
TRANSFER IN LIEU OF CASH
Section 415-501-560 - May I receive assets in lieu of cash?

Wash. Admin. Code § 415-501-560

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Current through Register Vol. 24-23, December 1, 2024
Section 415-501-560 - May I receive assets in lieu of cash?

Upon the occurrence of any event requiring the distribution of accumulated deferrals under this plan, the department may, in its sole discretion, elect to honor a request from the participant to substitute the transfer in kind and assignment of any asset that the employer has acquired, at fair market value.

Wash. Admin. Code § 415-501-560

Statutory Authority: RCW 41.50.050(5), 41.50.780(10), and 41.50.770. 04-22-053, §415-501-560, filed 10/29/04, effective 11/29/04. Statutory Authority: RCW 41.50.770,[41.50.]780 and 41.50.050. 00-11-104, amended and recodified as §415-501-560, filed 5/18/00, effective 6/18/00. Statutory Authority: RCW 41.50.050 and 41.50.780(11). 96-16-020, § 415-540-010, filed 7/29/96, effective 7/29/96.