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Be it enacted by the Legislature of West Virginia: Unless a different meaning is clearly indicated by the context, the following words and phrases as used in this article have the following meanings: (1) "Accumulated contributions" means the sum of all amounts deducted from the compensations of a member and credited to his or her individual account in the members deposit fund, together with regular interest on the contributions; (2) "Accumulated net benefit" means the aggregate amount of all benefits paid to or on behalf of a retired member; (3) "Actuarial equivalent" means a benefit of equal value computed upon the basis of a mortality table and regular interest adopted by the board of trustees from time to time: Provided, That when used in the context of compliance with the federal maximum benefit requirements of Section 415 of the Internal Revenue Code, actuarial equivalent shall be computed using the mortality tables and interest rates required to comply with those requirements; (4) "Annuity" means an annual amount payable by the retirement system throughout the life of a person. The CPRB administers 10 different plans: PERS: Public Employees Retirement System PERS Tier II TRS: Teachers' Retirement System TRS Tier II TDC Plan: Teachers' Defined Contribution System PLAN A: WV State Police Death, Disability and Retirement Fund PLAN B: West Virginia State Police Retirement System DSRS: Deputy Sheriffs' Retirement System A retirant may accept legislative per diem, temporary full-time, or temporary part-time employment from a participating employer without suspending his or her retirement annuity so long as he or she does not receive annual compensation in excess of. 5-10-48. West Virginia Legislature's Office of Reference & Information. If that day falls on a weekend or holiday, payments will be issued on the last business day of the previous month. (2) For purposes of this section, employees of the Joint Committee on Government and Finance are entitled to the same benefits as employees of the House of Delegates or the Senate: , That for joint committee employees whose terms of employment are otherwise classified as temporary, employment in preparation for regular sessions, certified by the legislative manager as required by the Legislature for its regular sessions, shall be considered the same as employment during regular sessions to meet service credit requirements for sessions served. (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. For Medicare Retirees, Medicare will be primary and PEIA will be secondary. %PDF-1.7 % calendar years referenced in this section: , That the employee has not retired prior to the effective date of the amendments made to this section in the 2002 regular session of the Legislature. (3) Service may be credited to a member who was employed by a political subdivision if his or her employment occurred within a period of 30 years immediately preceding the date the political subdivision became a participating public employer. You must have Medicare parts A and B. calendar years, as certified by the clerk of the house in which the employee served, shall receive service credit of six months for all regular sessions served, as certified by the clerk of the house in which the employee served, or shall receive service credit of three months for each regular 30-day session served prior to 1971: , That 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 and who have been or are employed during the regular sessions in. Service credit awarded for legislative employment pursuant to this section shall be used for the purpose of calculating that members retirement annuity, pursuant to 5-10-22 of this code, and determining eligibility as it relates to credited service, notwithstanding any other provision of this section. Public Employees Insurance Agency. Expecting a first retirement check or a refund? Menu. If you are Medicare Eligible, you may transfer directly to Humana. The full premium for the months from the date of retirement to the date of the first retirement check will be withdrawn. Examples of the services provided include: health insurance benefits, retirement, and PEIA. Not to exceed $2,000. or more consecutive calendar years, as certified by the clerk of the house in which the employee served, is an employee, any provision to the contrary in this article notwithstanding, and is entitled to credited service in accordance with provisions of 5-10-14 of this code: , That members of the legislative body of any political subdivision and commissioners of the West Virginia Claims Commission are employees receiving one year of service credit for each one-year term served and prorated service credit for any partial term served, anything contained in this article to the contrary notwithstanding: , That only a compensated board member of a participating public employer appointed to a board of a nonlegislative body for the first time on or after July 1, 2014, who normally is required to work 12 months per year and 1040 hours of service per year is an employee. calendar years, as certified by the clerk of the house in which the employee served, and credit for interim employment as provided in this subsection: , That this legislative service credit shall also be used for months of service in order to meet the 60-month requirement for the payments of a temporary legislative employee members retirement annuity: , That no legislative employee may be required to pay for any service credit beyond the actual time he or she worked regardless of the service credit which is credited to him or her pursuant to this section: , That any legislative employee may request a recalculation of his or her credited service to comply with the provisions of this section at any time. Because each case is different, contact us to know exactly when your first check will be sent. pension from the West Virginia State Police Death, Disability and Retirement Fund. Child Support Payment System. H|SMo@WHb3|[(J q@aRV*];$](63[6!ys34ow! -Expecting a first retirement check or a refund? Service credit; retroactive provisions. Taxable amount of retirement income reported on federal return. (c) Any member of the State Legislature, the Clerk of the House of Delegates, the Clerk of the State Senate, and any employee of the State Legislature whose employment is otherwise classified as temporary and who is employed to perform services required by the Legislature for its regular sessions or during the interim between regular sessions and who has been or is employed during regular sessions or during the interim between sessions in seven consecutive five calendar years, as certified by the Clerk clerk of the House house of the Legislature in which the employee served, or any member of the legislative body of any other political subdivision shall become a member of the retirement system provided he or she notifies the retirement system in writing of his or her intention to be a member of the system and files a membership enrollment form as prescribed by the Board of Trustees, and each person, upon filing his or her written notice to participate in the retirement system, shall by that act authorize the Clerk of the House of Delegates or the Clerk of the State Senate or such person or legislative agency as the legislative body of any other political subdivision shall designate to deduct the members contribution, as provided in 5-10-29(b) of this code, and after the deductions have been made from the members compensation, the deductions shall be forwarded to the retirement system. In addition, employees are offered the voluntary opportunity to participate in the West Virginia Retirement Plus Program, a supplemental retirement plan designed to provide an extra savings alternative for all State, county, city and other political subdivision employees. WV Department of Administration Finance Division > Shared Services > Payroll Payroll Payroll strives to provide friendly, courteous, and knowledgeable support to State agencies within the Department of Administration. Federal Retirement Systems - Line 31. Call: 1-888-680-7342 Email: [email protected]. Employers log in here. Subsequent to your hire are other issues that affect how much of your salary you bring home. years or has become a full-time employee of the Legislature, that employee shall receive the service credit provided in this section for all regular and interim sessions and interim days worked by that employee, as certified by the clerk of the house in which the employee served, regardless of when the session or interim legislative employment occurred: , That regular session legislative employment for seven consecutive years may be served in either or both houses of the Legislature. hlRmHSQ~mwY-+D-GV3V3eLl]0BZ?f ?hWM ~Rr4(Ds=/ =Q+xO5,4SRpD+ $_U.-k\L"V}>X6aKS{UO^--L8A}'7gnoe>-v[w:dGU/5'5oLL6e8>{un~carGj7Fdr/xu ^i]'jd[ fB9td]1Dd">F`g"#`'DdfuR!~T\7&$pE=}B9 !HHp!X!D0 l=)t"QTuHM!@%n;dF 5;j You may not elect or increase life insurance after this period. calendar years, service credit of one month shall be awarded for each 10 days employed in 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; (2) Except for hourly employees, and those persons who first become members of the retirement system on or after July 1, 2015, 10 or more months of service credit earned in any calendar year shall be credited as a year of service: , That no more than one year of service may be credited to any member for all service rendered by him or her in any calendar year and no days may be carried over by a member from one calendar year to another calendar year where the member has received a full-year credit for that year; and. 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. West Virginia Retirement Plus Where an employee purchases service credit for employment which occurred after 1988, that employee shall pay for the employees share and the employer shall pay its share for the purchase of retroactive service credit: , That no legislative employee and no current or former member of the Legislature may be required to pay any interest or penalty upon the purchase of retroactive service credit in accordance with the provisions of this section where the employee was not eligible to become a member during the years for which he or she is purchasing retroactive credit or had the employee attempted to contribute to the system during the years for which he or she is purchasing retroactive service credit and the contributions would have been refused by the board: , That a current legislative employee purchasing retroactive credit under this section shall do so within 24 months of beginning contributions to the retirement system as a legislative employee or no later than December 31, 2016, whichever occurs later: , That once a legislative employee becomes a member of the retirement system, he or she may purchase retroactive service credit for any time he or she was employed by the Legislature and did not receive service credit. (b) For the purposes of this section: (1) "Regularly employed on a full-time basis" means employment of an individual by a participating public employer, in a position other than as an elected or appointed public official, which normally requires 12 months per year service and at least 1,040 hours of service per year in that position; (2) "temporary full-time employment" or "temporary part-time employment" means employment of an individual on a temporary or provisional basis by a participating public employer, other than as an elected or appointed public official, in a position which does not otherwise render the individual as regularly employed; (3) "former employee of the Legislature" means any person who has retired from employment with the Legislature and who has at least 10 years contributing service with the Legislature; and (4) "reemployed by the Legislature" means a former employee of the Legislature who has been reemployed on a per diem basis not to exceed 175 days per calendar year. Retirement; Non-State Agency Enrollment & Withdrawal; New Employee; Video Library; . You will need to visit the Social Security Office and sign up for Medicare parts A and B. PEIA will need a copy of your Medicare card when you receive it. Medical Advisors log in here. . The State of West Virginia offers an outstanding defined benefit pension plan - the Public Employees Retirement System (PERS) under the Consolidated Public Retirement Board. INPRS. Public Employees. (e) (1) 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 for its regular sessions or during the interim time between regular sessions shall receive service credit for the time served in that capacity in accordance with the following: For purposes of this section, the term "regular session" means day one through day 60 of a 60-day legislative session or day one through day 30 of a 30-day legislative session. The Legislature further finds and declares that it has the need for qualified employees and that in many cases an employee of the Legislature will retire and be available to return to work for the Legislature as a per diem employee. Any service credit purchased shall be credited as six months for each 60-day session worked, three months for each 30-day session worked or 12 months for each 60-day session for legislative employees who have been employed during regular sessions in. (h) The provisions of 5-10-22h of this code are not applicable to the amendments made to this section during the 2006 regular session. (2) For purposes of this section, employees of the Joint Committee on Government and Finance are entitled to the same benefits as employees of the House of Delegates or the Senate: Provided, That for joint committee employees whose terms of employment are otherwise classified as temporary, employment in preparation for regular sessions, certified by the legislative manager as required by the Legislature for its regular sessions, shall be considered the same as employment during regular sessions to meet service credit requirements for sessions served. (f) Any employee may purchase retroactive service credit for periods of employment in which contributions were not deducted from the employees pay. Health, Mountaineer Flexible, Life Insurance -CPRB Tip Hotline Your pay (salary) was determined at the time you were hired, based on your job classification, your qualifications, and your agencys financial determination. 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. Please contact your agency . You will need to fill out a. . 4101 MacCorkle Avenue S.E On this page, youll find information relating to your pay. If your life insurance lapses after retirement for any reason, for example, for non-payment of premiums, you will not be permitted to reinstate that coverage; you will need to seek life insurance from another source. He receives a pension from the Public Employees Retirement System (PERS). You can elect optical and dental care through, Premium and Benefit Assistance Form (Medicare), Retiree Premium Payment and Enrollment Information, Retiree Optional and/or Dependent Life Enrollment Form, Retiree Basic Life and Health Enrollment Form, Summary Plan Description PPB Plans A, B & D, Retiree Optional and/or Dependent Life Enrollment Form, Retiree Basic Life and Health Enrollment Form. Use Self Service to: View your account details. Congratulations from PEIA on your retirement! Online access for current retirees -PEIA Insurance Contact Information (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. A BILL to amend and reenact 5-10-2, 5-10-14, 5-10-17, and 5-10-48 of the Code of West Virginia, 1931, as amended, all relating generally to legislative employment and retirement; modifying the length of service an employee of the Legislature whose term of employment is otherwise classified as temporary and who is employed to perform services required by the Legislature for its regular sessions must serve to obtain service credit towards retirement; and increasing the maximum annual remuneration a retirant may earn as a temporary legislative employee. On this page, you'll find information relating to your pay. (a) The Legislature finds that a compelling state interest exists in maintaining an actuarially sound retirement system and that this interest necessitates that certain limitations be placed upon an individuals ability to retire from the system and to then later return to state employment as an employee with a participating public employer while contemporaneously drawing an annuity from the system. By Senators Trump, Weld, Nelson, and Jeffries, [Originating in the Committee on Pensions; reported on February 16, 2023]. 2023 OPERS benefit payment schedule. (g) Notwithstanding the provisions of 5-10-27b of this code, any publicly elected member of the legislative body of any political subdivision or of the State Legislature, the Clerk of the House of Delegates, and the Clerk of the Senate may elect to commence receiving in-service retirement distributions from this system upon attaining the age of 70 and one-half years: Provided, That the member is eligible to retire under the provisions of 5-10-20 or 5-10-21 of this code: Provided, however, That the member elects to stop actively contributing to the system while receiving the in-service distributions. The remaining 21.75 percent state contribution is to pay down the pension fund's debt. 0 Login. . Other employees shall pay the states share and the employees share to purchase retroactive service credit. 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: Provided further, 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. Certification of employment for a complete legislative session and for interim days shall be determined by the clerk of the house in which the employee served, based upon employment records. Where an employee purchases service credit for employment which occurred after 1988, that employee shall pay for the employees share and the employer shall pay its share for the purchase of retroactive service credit: Provided, That no legislative employee and no current or former member of the Legislature may be required to pay any interest or penalty upon the purchase of retroactive service credit in accordance with the provisions of this section where the employee was not eligible to become a member during the years for which he or she is purchasing retroactive credit or had the employee attempted to contribute to the system during the years for which he or she is purchasing retroactive service credit and the contributions would have been refused by the board: Provided, however, That a current legislative employee purchasing retroactive credit under this section shall do so within 24 months of beginning contributions to the retirement system as a legislative employee or no later than December 31, 2016, whichever occurs later: Provided further, That once a legislative employee becomes a member of the retirement system, he or she may purchase retroactive service credit for any time he or she was employed by the Legislature and did not receive service credit. 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