Probst ex rel. Class of Similarly Situated Individuals v. Department of Retirement Systems
Court of Appeals of Washington
1Opinion of the CourtWorswick, J.
¶1 Mickey and Leisa Fowler are class representatives for plaintiffs who are members of the Teachers’ Retirement System (TRS) and who transferred from TRS Plan 2 to TRS Plan 3 before January 20, 2002. The superior court dismissed their claim that the Department of Retirement Systems (DRS) was required to pay class members daily interest on the full balance of employee contributions transferred between Plan 2 and Plan 3. The *183Fowlers appeal, arguing that (1) common law required the DRS to pay daily interest, (2) the DRS’s failure to pay daily interest was arbitrary and capricious, and (3) the…
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