WVC 5 - 10 A- 6
§5-10A-6. Refund of contributions.
The supervisory board shall refund to a participant or
beneficiary terminated from benefits by section five of this
article the contributions of the participant in the same manner and
with the same interest as provided to those participants or
beneficiaries otherwise eligible to withdraw the participant's
contributions under the retirement plan, less the amount of any
benefits which the participant or his or her beneficiaries have
previously received: Provided,
That a member of the Teachers'
Defined Contribution Retirement System whose benefits have been
terminated pursuant to section five of this article shall be
refunded only his or her employee contributions and the earnings on
those contributions. Any vested employer contributions shall
remain in the Teachers' Defined Contribution Retirement System and
be used to offset future employer contributions for each
Note: WV Code updated with legislation passed through the 2015 Regular Session
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