WEST VIRGINIA CODE
WVC 18 - 7 B- 7 A
§18-7B-7a. Plan closed to persons employed for the first time
after June, 2005; former employees.
The retirement system created and established in this article
shall be closed and no new members accepted in the system after the
thirtieth day of June, two thousand five. Notwithstanding the
provisions of sections seven and eight of this article, all persons
who are regularly employed for full-time service as a member or an
employee whose initial employment commences after the thirtieth day
of June, two thousand five, shall become a member of the State
Teachers' Retirement System created and established in article
seven-a of this chapter:
Provided, That any person rehired after
the thirtieth day of June, two thousand five, shall become a member
of the Teachers' Defined Contribution Retirement System created and
established in this article, or of the Teachers Retirement System
created and established in article seven-a of this chapter,
depending upon which system he or she last contributed to while he
or she was employed with an employer mandating membership and
contributions to one of those plans:
Provided, however, That a
rehired person who thereby becomes a member of the Teachers'
Defined Contribution Retirement System may become a member of the
Teachers Retirement System within the applicable time periods and
upon meeting the requirements provided in article seven-d of this
chapter.
WVC 18 - 7 B- 7 A
§18-7B-7a. Plan closed to persons employed for the first time
after June, 2005; former employees.
The retirement system created and established in this article
shall be closed and no new members accepted in the system after the
thirtieth day of June, two thousand five. Notwithstanding the
provisions of sections seven and eight of this article, all persons
who are regularly employed for full-time service as a member or an
employee whose initial employment commences after the thirtieth day
of June, two thousand five, shall become a member of the State
Teachers' Retirement System created and established in article
seven-a of this chapter:
Provided, That any person rehired after
the thirtieth day of June, two thousand five, shall become a member
of the Teachers' Defined Contribution Retirement System created and
established in this article, or of the Teachers Retirement System
created and established in article seven-a of this chapter,
depending upon which system he or she last contributed to while he
or she was employed with an employer mandating membership and
contributions to one of those plans:
Provided, however, That a
rehired person who thereby becomes a member of the Teachers'
Defined Contribution Retirement System may become a member of the
Teachers Retirement System within the applicable time periods and
upon meeting the requirements provided in article seven-d of this
chapter:
Provided further, That any person rehired after the
thirty-first day of December, two thousand seven, who did not have
at least one dollar in the Teachers Defined Contribution Retirement System on the thirty-first day of December, two thousand seven, and
for whom the Teachers Defined Contribution Retirement System was
the system to which he or she last contributed while employed by an
employer who required membership and contributions to one of the
two teachers retirement plans, shall, within ten days of returning
to employment, affirmatively choose to reenter the Teachers Defined
Contribution Retirement System or to become a contributing member
of the Teachers Retirement System. Those rehired prior to the
first day of July, two thousand eight, and who did not have at
least one dollar in the Teachers Defined Contribution Retirement
System on the thirty-first day of December, two thousand seven, as
determined by the Consolidated Public Retirement Board, shall be
permitted to voluntarily elect to transfer effective the first day
of August, two thousand eight, upon written request to the
Consolidated Public Retirement Board received no later than the
fifteenth day of July, two thousand eight.
Note: WV Code updated with legislation passed through the 2012 1st Special Session