SB 872
Allowing certain contracted counsel for executive agencies to purchase years of service in PERS
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- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill proposes to allow certain contracted counsel employed by executive agencies in West Virginia to purchase years of service credit within the Public Employees Retirement System (PERS). It outlines specific criteria for awarding service credit, including provisions for temporary legislative staff and those with long-standing contracts. Notably, it addresses retroactive service credit for employees who previously worked in the State Legislature or under CETA, and provides a mechanism for legal counsel to purchase service credit for extended contracts with state agencies. The bill also includes provisions for legislative staff who have served for seven or thirteen consecutive years.
Key provisions
- Allows contracted counsel for executive agencies to purchase years of service credit in PERS.
- Provides specific rules for awarding service credit to temporary legislative staff, including a calculation for interim days.
- Grants service credit to former and present members of the State Teachers Retirement System who have transferred membership to PERS.
- Establishes a process for CETA employees to receive service credit if they transitioned to permanent employment.
- Allows general counsel of executive branch agencies to purchase retroactive service credit for extended contracts.
- Addresses service credit for legislative employees who have served for seven or thirteen consecutive years.
- Provides a mechanism for former State Police employees to transfer contributions and receive service credit in PERS.
- Specifies repayment requirements and interest rates for purchased service credit.
Who is affected
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