SENATE CONCURRENT RESOLUTION NO. 75

(By Senators Foster, Jenkins, McCabe, Plymale, Hall and Nohe)

[Originating in the Committee on Pensions]

Requesting the Joint Committee on Government and Finance to study the provisions relating to municipal policemen’s and firemen’s pension and relief funds to find additional sources of financial support.

    Whereas, The State of West Virginia values the contributions of its firemen and policemen who are employed by its political subdivisions; and

    Whereas, The Legislature finds that the retirement plans for many of the firemen and policemen have serious financial difficulties and that some municipalities are searching for ways to appropriately fund these retirement plans; therefore, be it

    Resolved by the Legislature of West Virginia:

    That the Legislature hereby requests the Joint Committee on Government and Finance to study the provisions relating to municipal policemen’s and firemen’s pension and relief funds to find additional sources of financial support; and, be it

    Further Resolved, That the Joint Committee on Government and Finance is hereby requested to study the policemen’s and firemen’s retirement plans to create or maintain the financial solvency of the policemen’s and firemen’s pension and relief funds; and, be it

    Further Resolved, That the Joint Committee on Government and Finance report to the regular session of the Legislature, 2013, on its findings, conclusions and recommendations, together with drafts of any legislation necessary to effectuate its recommendations; and, be it

    Further Resolved, That the expenses necessary to conduct this study, to prepare a report and to draft necessary legislation be paid from legislative appropriations to the Joint Committee on Government and Finance.