WVC 18 - 7 C- 7
§18-7C-7. Service credit in State Teachers Retirement System
following merger; adjustments.
(a) Any member transferring all of his or her assets from the
Defined Contribution Retirement System to the State Teachers
Retirement System pursuant to the provisions of this article and
who has not made any withdrawals or cash-outs from his or her
assets is entitled to service credit in the State Teachers
Retirement System for each year or part of a year, as governed by
the provisions of article seven-a of this chapter, the member
worked and contributed to the Defined Contribution Retirement
(b) Any member who has made withdrawals or cash outs will
receive service credit based upon the amounts transferred. The
board shall make the appropriate adjustment to the service credit
the member will receive.
(c) Any member's Defined Contribution Retirement System
service credit will be reduced by twenty-five percent if the member
does not pay the one and one-half percent contribution required by
this article upon transfer to the State Teachers Retirement System.
Note: WV Code updated with legislation passed through the 2012 1st Special Session