d~MZl%T bBJ(a^Y@y0i?vDpX %c I^f_p.fl0;6To^ H7y=zm0 JJHtft:[T@R3wAP OcJ \H_W~:0~\M+&Y J1}V&&U*s~{;Fca:l]4s KBrnlsDst!K]+KId$rPRYoKA<9OHG]Xx%04LZiNQ%}=h9KY!MlU$~b7"( Htq0D XA Bureau for Child Support Enforcement. The total amount of any benefit (including survivorship annuities) received from any West Virginia state or local police, deputy sheriff's or fireman's retirement system may be deducted. That depends on your retirement date and when your final documents are received and processed by CalPERS. If his or her reemployment is for a period less than one year, he or she may request in writing that the employee and employer retirement contributions submitted during reemployment be credited to the participating public employer pursuant to 5-10-44 of this code, and his or her previous annuity shall be reinstated effective the first day of the month following termination of reemployment and the boards receipt of written notice thereof. hp~+X3:uoS2=5xFW+ Associated Press. If you wish to elect new or increased life insurance as a retired employee, you must enroll and submit medical information during the calendar month of retirement or the two following calendar months. Employee contributions to the Plan are managed via convenient payroll deductions. This retirement program is similar to a 401(k) plan in structure except that it is designed to supplement a participant's primary retirement plan. WV Consolidated Public Retirement Board. If his or her reemployment is for a period of one year or longer, his or her annuity shall be recalculated and he or she shall be granted an increased annuity due to the additional employment, the annuity to be computed according to 5-10-22 of this code. These payments include, but are not limited to, attendance or performance bonuses, one-time flat fee or lump sum payments, payments paid as a result of excess budget, or employee recognition payments. Charleston, West Virginia 25304 Employees of the State Legislature whose terms of employment are otherwise classified as temporary and who are employed to perform services required by the Legislature during the interim time between regular sessions shall receive service credit of one month for each 10 days served during the interim between regular sessions, which interim days shall be cumulatively calculated so that any 10 days, regardless of calendar month or year, shall be calculated toward any award of one month of service credit: , That no more than one year of service may be credited to any temporary legislative employee for all service rendered by that employee in any calendar year and no days may be carried over by a temporary legislative employee from one calendar year to another calendar year where the member has received a full year credit for that year. Menu. %PDF-1.7 % Retirement; Non-State Agency Enrollment & Withdrawal; New Employee; Video Library; . The Legislature further finds and declares that reemploying these persons on a limited per diem basis after they have retired is not only in the best interests of this state but has no adverse effect whatsoever upon the actuarial soundness of this particular retirement system. Consolidated Public Retirement Board. 764 0 obj <>/Filter/FlateDecode/ID[<62A106E9B71A9E46AED9BB7020C80FEB>]/Index[729 79]/Info 728 0 R/Length 141/Prev 1260207/Root 730 0 R/Size 808/Type/XRef/W[1 3 1]>>stream pension from the West Virginia State Police Death, Disability and Retirement Fund. West Virginia Public Employees Insurance Agency Benefitting People Who Serve Members Active Members Non-Medicare Retiree Medicare Retiree Health Plans PPB Plans A, B & D PPB Plan C The Health Plan Medicare Advantage Plan Partners Benefit Coordinators Health Care Providers UMR Express Scripts Mountaineer Flexible Benefits MetLife Humana iSelectMD KvDeBppWg`~xAyE~:ZnF>8pyFu7h(J~W? In the event a members remuneration is not all paid in money, his or her participating public employer shall fix the value of the portion of the remuneration which is not paid in money: Provided Provided, That members hired in a position for the first time on or after July 1, 2014, who receive nonmonetary remuneration shall not have nonmonetary remuneration included in compensation for retirement purposes and nonmonetary remuneration may not be used in calculating a members final average salary. Please contact your agency . (g) (1) Notwithstanding any provision to the contrary, the, and the service credit requirements set forth in this section shall be applied retroactively to all periods of legislative employment prior to the passage of this section, including any periods of legislative employment occurring before the. &0z@MjTgd0 A state actuary says expanding military service credits for public employees' pension benefits will cost more than $197 million.A report by Consolidated. Child Support Payment System. Employees of the State Legislature whose term of employment is otherwise classified as temporary and who are employed to perform services required by the Legislature for its regular sessions or during the interim time between regular sessions and who have been or are employed during regular sessions or during the interim time between regular sessions in. The State of West Virginia offers an outstanding defined benefit pension plan - the Public Employees Retirement System (PERS) under the Consolidated Public Retirement Board. Other employees shall pay the states share and the employees share to purchase retroactive service credit. (e) If a member retires and is then subsequently elected to a public office or is subsequently appointed to hold an elected public office, or is a former employee of the Legislature who has been reemployed by the Legislature, he or she has the option, notwithstanding subsection (c) of this section, to either: (1) Continue to receive payment of his or her annuity while holding public office or during any reemployment of a former employee of the Legislature on a per diem basis, in addition to the salary he or she may be entitled to as an office holder or as a per diem reemployed former employee of the Legislature; or. (2) The requirement of seven consecutive five years and the requirement of 13 consecutive seven years apply retroactively to all legislative employment prior to the effective date of the 2006 amendments to this section. In the purchase of service credit for employment prior to 1989 in any department, including the Legislature, which operated from the General Revenue Fund and which was not expressly excluded from budget appropriations in which blanket appropriations were made for the states share of public employees retirement coverage in the years prior to 1989, the employee shall pay the employees share. If you are Medicare Eligible and currently on The Health Plan when you retire, you and your dependents will be switched to the PEIA PPB Plan A upon retirement. PERS-Public Employees Retirement System 4101 MacCorkle Avenue, SE Charleston, WV 25304-1636 Phone: (304) 558-5455 Toll Free: (800) 654-4406 Fax: (304) 558-1394 calendar years as either temporary employees or full-time employees or a combination thereof, as certified by the clerk of the house in which the employee served, shall receive a service credit of 12 months for each regular session served, as certified by the clerk of the house in which the employee served: , That the amendments made to this subsection during the 2002 regular session of the Legislature only apply to employees of the Legislature who are employed by the Legislature as either temporary employees or full-time employees as of January 1, 2002, or who become employed by the Legislature as temporary or full-time employees for the first time after January 1, 2002. (2) Notwithstanding the provisions of subsection (c) of this section, a retired magistrate who is recalled and assigned to temporary service as a senior magistrate by the West Virginia Supreme Court of Appeals may receive per diem compensation pursuant to the requirements of 50-1-6a of this code while continuing to receive his or her annuity. :G$Jv4{+G|7dPBs4[cg|:0pVk1/ 5 You can visit customer service at PEIA to pick up a retirement packet or you can contact PEIA customer service at 1-888-680-7342 to requestthat a retirement packet be mailed to you. (b) The membership of the Public Employees Retirement System may not include any person who is an active contributing member of, or who has been retired by, any of the state teachers retirement systems, the Judges Retirement System, any retirement system of the West Virginia State Police, the Deputy Sheriff Retirement System, the Natural Resources Police Officer Retirement System or any municipal retirement system for either, or both, police or firefighter; and the Bureau of Employment Programs, by the Commissioner of the Bureau, may elect whether its employees will accept coverage under this article or be covered under the authorization of a separate enactment: That the exclusions of membership do not apply to any member of the State Legislature, the Clerk of the House of Delegates, the Clerk of the State Senate or to any member of the legislative body of any political subdivision provided he or she once becomes a contributing member of the retirement system: That any retired member of the State Police Death, Disability and Retirement Fund, the West Virginia State Police Retirement System, the Deputy Sheriff Retirement System, the Natural Resources Police Officer Retirement System and any retired member of any municipal retirement system for either, or both, police or firefighter may on and after the effective date of this section become a member of the retirement system as provided in this article, without receiving credit for prior service as a municipal police officer or firefighter or as a member of the State Police Death, Disability and Retirement Fund, the West Virginia State Police Retirement System, the Deputy Sheriff Retirement System, or the Natural Resources Police Officer Retirement System: That any retired member of the State Police Death, Disability and Retirement Fund, the West Virginia State Police Retirement System, the Deputy Sheriff Retirement System, the Natural Resources Police Officer Retirement System and any retired member of any municipal retirement system for either, or both, police or firefighters, who begins participation in the retirement system established in this article on or after July 1, 2005, may not receive a combined retirement benefit in excess of 105 percent of the members highest annual salary earned while either a member of the retirement system established in this article or while a member of the other retirement system or systems from which he or she previously retired when adding the retirement benefit from the retirement system created in this article to the retirement benefit received by that member from the other retirement system or systems set forth herein from which he or she previously retired: That the membership of the retirement system does not include any person who becomes employed by the Prestera Center for Mental Health Services, Valley Comprehensive Mental Health Center, Westbrook Health Services or Eastern Panhandle Mental Health Center on or after July 1,1997: That membership of the retirement system does not include any person who becomes a member of the federal Railroad Retirement Act on or after July 1, 2000.

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