(a)The legislative rule filed in the State Register on the
twenty-seventh day of July, two thousand eleven, authorized 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-third day of September,
two thousand eleven, relating to the Consolidated Public Retirement
Board (Public Employees Retirement System,
162 CSR 5
), is
authorized, with the following amendment:
On page three, section eight, subsection 8.1, after the words
"fourteen and five-tenths (14.5%) of each compensation payment of
all its employees who are members of the Public Employees
Retirement System" by changing the period to a colon and inserting
the following: "And provided further, that beginning July 1, 2012,
each participating public employer shall contribute fourteen
percent (14%) of each compensation payment of all its employees who
are members of the Public Employees Retirement System.".
(b) The legislative rule filed in the State Register on the
twenty-seventh day of July, two thousand eleven, authorized under
the authority of section one, article ten-d, chapter five, of this
code, relating to the Consolidated Public Retirement Board (refund,
reinstatement, retroactive service, loan and employer error
interest factors,
162 CSR 7
), is authorized.
(c) The legislative rule filed in the State Register on the
twenty-seventh day of July, two thousand eleven, authorized under
the authority of section one, article ten-d, chapter five, of this code, relating to the Consolidated Public Retirement Board (West
Virginia State Police,
162 CSR 9
), is authorized, with the
following amendment:
On page eight, section fourteen, subsection 14.1, line 10,
after the words "seventeen and five-tenths (17.5%) of the monthly
salary of each member of the West Virginia State Police Retirement
System to the West Virginia State Police Retirement System" by
changing the period to a colon and inserting the following: "And
provided further, that beginning July 1, 2012, the West Virginia
State Police shall contribute fifteen and five-tenths percent
(15.5%) of the monthly salary of each member of the West Virginia
State Police Retirement System to the West Virginia State Police
Retirement System.".
Note: WV Code updated with legislation passed through the 2012 1st Special Session
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