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AGO Opinions with Topic: DEFERRED COMPENSATION
AGO 1998 No. 1 >  January 20, 1998
COMMUNITY COLLEGES - OFFICES AND OFFICERS - SALARIES AND WAGES - DEFERRED COMPENSATION
Authority of community college Boards of Trustees to grant salary increases to college presidents in light of statutory restrictions 1. When the term of employment of a community college president expires, and the college's Board of Trustees wishes to re-appoint the same president for an additional term, the Board may not increase the president's salary by any amount greater than permitted in the current budget pursuant to RCW 28B.50.140(3). 2. A community college Board of Trustees and the college president may mutually rescind an existing employment contract before it expires, and enter into a new contract with new duties and a different compensation, but increases in compensation are limited to those authorized in the current budget pursuant to RCW 28B.50.140(3). 3. Community college presidents are entitled to the deferred compensation benefits provided to other state employees; changes in these benefits are potentially subject to statutory limitations on increases in compensation.
AGLO 1980 No. 21 >  June 2, 1980
PENSIONS - RETIREMENT - DEFERRED COMPENSATION
CREATION OF COUNTY EMPLOYEES' DEFERRED COMPENSATION PROGRAM UNDER RCW 41.04.250(2) (1) In establishing a deferred compensation program for county employees under RCW 41.04.250(2), a board of county commissioners may establish a special account for that purpose which would constitute a "public pension or retirement fund" within the meaning of Article XXIX, S 1 (Amendment 49) of the Washington Constitution relating to investments.
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