Bill-CPRB 162CSR4
H. B. 2651
(By Delegates Mahan, Wills, Cann, Kominar,
Faircloth and Riggs)
[Introduced March 2, 2001; referred to the
Committee on Finance then the Judiciary.]
A BILL to amend and reenact section three, article two, chapter
sixty-four of the code of West Virginia, one thousand nine
hundred thirty-one, as amended, relating to authorizing the
consolidated public retirement board to promulgate a
legislative rule relating to the teachers' defined benefit
plan.
Be it enacted by the Legislature of West Virginia:
That section three, article two, chapter sixty-four of the
code of West Virginia, one thousand nine hundred thirty-one, as
amended, be amended and reenacted to read as follows:
ARTICLE 2. AUTHORIZATION FOR DEPARTMENT OF ADMINISTRATION TO
PROMULGATE LEGISLATIVE RULES.
§64-2-3. Consolidated public retirement board.
(a) The legislative rule filed in the state register on the
twenty-second day of July, one thousand nine hundred ninety-nine,
under the authority of section one, article ten-d, chapter five of
this code, modified by the consolidated public retirement board to meet the objections of the legislative rule-making review committee
and refiled in the state register on the twenty-eighth day of
October, one thousand nine hundred ninety-nine, relating to the
consolidated public retirement board (general provisions, 162 CSR
1), is authorized.
(b) The legislative rule filed in the state register on the
twenty-second day of July, one thousand nine hundred ninety-nine,
under the authority of section one, article ten-d, chapter five of
this code, modified by the consolidated public retirement board to
meet the objections of the legislative rule-making review committee
and refiled in the state register on the twenty-eighth day of
October, one thousand nine hundred ninety-nine, relating to the
consolidated public retirement board (teachers' defined
contribution system, 162 CSR 3), is authorized.
(c) The legislative rule filed in the state register on the
twenty-second first day of July, one thousand nine hundred
ninety-nine September, two thousand, under the authority of section
one, article ten-d, chapter five of this code, modified by the
consolidated public retirement board to meet the objections of the
legislative rule-making review committee and refiled in the state
register on the twenty-eighth fourteenth day of October, one
thousand nine hundred ninety-nine December, two thousand, relating
to the consolidated public retirement board (teachers' defined
benefit plan, 162 CSR 4), is authorized.
(d) The legislative rule filed in the state register on the
twenty-second day of July, one thousand nine hundred ninety-nine,
under the authority of section one, article ten-d, chapter five of
this code, modified by the consolidated public retirement board to
meet the objections of the legislative rule-making review committee
and refiled in the state register on the twenty-eighth day of
October, one thousand nine hundred ninety-nine, relating to the
consolidated public retirement board (public employees retirement
system, 162 CSR 5), is authorized.
(e) The legislative rule filed in the state register on the
third day of August, one thousand nine hundred ninety-nine, under
the authority of section one, article ten-d, chapter five of this
code, modified by the consolidated public retirement board to meet
the objections of the legislative rule-making review committee and
refiled in the state register on the twenty-eighth day of October,
one thousand nine hundred ninety-nine, relating to the consolidated
public retirement board (refund, reinstatement and loan interest
factors, 162 CSR 7), is authorized.
NOTE: The purpose of this bill is to authorize the
Consolidated Public Retirement Board to promulgate a legislative
rule relating to the Teachers' Defined Benefit Plan.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would
be added.