Senate
House
Joint
Bill Status
WV Code
Audits/ Reports
Educational
Contact
home
home

Introduced Version House Bill 2232 History

DOWNLOAD  wpd  |  Email


hb2232 intr
H. B. 2232


(By Delegate Ron Thompson)
[Introduced February 11, 2005; referred to the
Committee on Pensions and Retirement then Finance.]




A BILL to amend the code of West Virginia, 1931, as amended, by adding thereto a new section, designated §5-10-15c, relating to authorizing a service credit under public employees retirement for federal employment service.

Be it enacted by the Legislature of West Virginia:
That the code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §5-10-15c,
to read as follows:
ARTICLE 10. WEST VIRGINIA PUBLIC EMPLOYEES RETIREMENT ACT.
§5-10-15c. Service credit for federal employment.
Any member of the retirement system who entered or enters federal employment, excluding military service, shall receive credited service for the time spent in the federal employment, not to exceed five years, if the member pays to the members' deposit fund the amount he or she may have withdrawn therefrom, together with regular interest from the date of withdrawal to the date of repayment. In any case of doubt as to the period of federal service to be credited a member, the Board of Trustees shall have final power to determine the period. During the period of federal service and until his or her return to the employ of a participating public employer, his or her contributions to the retirement system shall be suspended and any balance remaining to his or her credit in the members' deposit fund shall be accumulated at regular interest.

NOTE: The purpose of this bill is the authorizing of a service credit under public employees retirement for federal employment service.

This section is new; therefore, strike-throughs and underscoring have been omitted.
This Web site is maintained by the West Virginia Legislature's Office of Reference & Information.  |  Terms of Use  |   Web Administrator   |   © 2014 West Virginia Legislature **