H. B. 2463
(By Delegates Beach and Fragale)
[Introduced January 10, 1996; referred to the
Committee on Pensions and Retirement then Finance.]
A BILL to amend article ten-d, chapter five of the code of West
Virginia, one thousand nine hundred thirty-one, as amended,
by adding thereto a new section, designated section five,
authorizing the deduction from the monthly benefits of
retirees for the payment of dues to retiree associations and
providing a procedure for authorizing and revoking authority
for such dues deductions.
Be it enacted by the Legislature of West Virginia:
That article ten-d, chapter five of the code of West
Virginia, one thousand nine hundred thirty-one, as amended, be
amended by adding thereto a new section, designated section five,
to read as follows:
ARTICLE 10D. CONSOLIDATED PUBLIC RETIREMENT BOARD.
§5-10D-5. Voluntary deductions by the consolidated public
retirement board from monthly benefits to retirees
to pay association dues.
Any recipient of monthly retirement benefits from any public retirement plan in this state may authorize that a
deduction from his or her monthly benefits be made for the
payment of membership dues or fees to a retiree association.
Such deductions shall be authorized on a form provided by the
consolidated public retirement board and shall state: (a) The
identity and social security number of the retiree; (b) the
amount and frequency of the deduction; (c) the identity and
address of the association to which such dues or fees shall be
paid; and (d) shall be signed by the retiree. Upon execution of
such authorization and its receipt by the consolidated public
retirement board, such deduction shall be made in the manner
specified on the form and remitted to the designated association
on the tenth day of each month: Provided, That such deduction
shall not be made more frequently than monthly. Deduction
authorizations may be revoked at any time at least thirty days
prior to the date on which the deduction is regularly made and on
a form to be provided by the consolidated public retirement
NOTE: The purpose of this bill is to allow public retirees
to authorize monthly deduction from their benefits to pay
retiree association dues.
This section is new; therefore, strike-throughs and
underscoring have been omitted.