Fund 646 - Higher Ed Retirement Plan Supplemental Benefit Account
Inactive Account 06/30/2021
Authority:
RCW 41.50.075
Admin Agency:
Department of Retirement Systems - 1240
Cash Type:
1 - Treasury Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
Retained by this fund under RCW 43.84.092(4)(a).
Description:
For the purpose of funding future benefit obligations of higher education retirement plan supplemental benefits.
Sources of Revenue:
Employer contributions.
Clientele:
Higher education employees.
Effective Date:
07/01/2011
Inactive Date:
06/30/2021
Public Notes:
Per RCW 41.50.075, OFM created a retirement plan supplemental benefit account for each of the higher education institutions (Accounts 661-665, 667-668).
ACFR Information
Account Code:
646
Account Title:
Higher Ed Retirement Plan Supplemental Benefit Account
Fund Type:
HC - Pension Trust Funds
Rollup Fund:
HV - Higher Ed Retirement Plan Suppl Benefit
Closing GL Code:
9607 - Restr for Hi Ed Retir Suppl (DRS Only)
