West Virginia Code
Article 7A. State Teachers Retirement System
§18-7A-26w. Minimum Benefit for Certain Retired Members

(a) If the retirement annuity of a retirant (or applicable beneficiary thereof) with at least 25 years of total service is less than $750 per month (including any supplemental or additional benefits provided by this article), then the monthly retirement annuity for the retirant shall be increased to $750 per month: Provided, That any year of service while an employee of an institution of higher education may not be taken into account for purposes of this section if his or her salary was capped under the retirement system at $4,800 per year pursuant to §18-7A-14a of this code.
(b) Notwithstanding the provisions of subsection (a) of this section to the contrary, if the retirement annuity of a beneficiary of a retirant who chose option B – 50% joint and survivor annuity as provided in §162-4-5.1.3 and who had at least 25 years of credited service as of the effective date of this section is less than $375 per month (including any supplemental benefits or incentives provided by this article), then the monthly retirement benefit for the beneficiary shall be increased to $375 per month: Provided, That any year of service while an employee of an institution of higher education may not be taken into account for purposes of this section if his or her salary was capped under the retirement system at $4,800 per year pursuant to §18-7A-14a of this code.
(c) The payment of any minimum benefit under this section is in lieu of, and not in addition to, the payments of any retirement annuity or supplemental or additional benefits otherwise provided by this article: Provided, That the minimum benefit provided in this section is subject to any limitations thereon under §415 of the Internal Revenue Code of 1986, as the same may be amended, and §18-7A-28a of this code.
(d) Any minimum benefit conferred in this section is not retroactive to the time of retirement and applies only to members who have retired prior to the effective date of this section, or, if applicable, to beneficiaries receiving benefits under the retirement system prior to the effective date.

Structure West Virginia Code

West Virginia Code

Chapter 18. Education

Article 7A. State Teachers Retirement System

§18-7A-1. Establishment of Retirement System

§18-7A-2. Supplemental Benefits

§18-7A-2a. Governing Boards of Educational Institutions Authorized to Pay Supplemental Retirement Benefits

§18-7A-3. Definitions

§18-7A-3a. Federal Qualification Requirements

§18-7A-4. Teachers Retirement Board

§18-7A-11. Records; Actuarial Data; Tables; Specification of Actuarial Assumptions

§18-7A-12. Reports by Retirement Board

§18-7A-13. Membership in Retirement System; Cessation of Membership; Reinstatement of Withdrawn Service

§18-7A-13a. Resumption of Service by Retired Teachers

§18-7A-13b. Option of Certain Present Members to Elect Between State and Federal Retirement Systems; Payment of Contributions to Federal System

§18-7A-14. Contributions by Members; Contributions by Employers; Forfeitures

§18-7A-14a. Options of Certain Members to Elect Between State Teachers Retirement System, a Combination of That System and a Supplemental Retirement System, and a Retirement Plan Other Than the State Teachers Retirement System

§18-7A-14b. Members' Option to Make Contributions for Periods of Temporary Total Disability

§18-7A-14c. Correction of Errors; Underpayments; Overpayments

§18-7A-15. Collection of Membership Contributions

§18-7A-16. Transfer of Appropriations

§18-7A-17. Statement and Computation of Teachers' Service

§18-7A-17a. Qualified Military Service

§18-7A-17b. Military Service Credit for Members of the West Virginia National Guard

§18-7A-18. Teachers Retirement System Fund; Transfers

§18-7A-18a. Calculation of Allocation to Teachers Retirement System Fund

§18-7A-19. Custody of Funds; Disbursements; Bond of Custodian; Annual Statement

§18-7A-20. Investment of Funds

§18-7A-21. Misuse of Funds; Penalties

§18-7A-22. Persons Eligible for Prior Service Pensions

§18-7A-23. Withdrawal and Death Benefits

§18-7A-23a. Terminal Benefits

§18-7A-25. Eligibility for Retirement Allowance

§18-7A-25a. Prohibited Forced Retirement of College and University Professors

§18-7A-25b. Withdrawal and Eligibility for Retirement Allowance for a Person Who First Becomes a Member of the Retirement System on or After July 1, 2015

§18-7A-26. Computation of Annuities

§18-7A-26a. Additional Benefits for Certain Annuitants

§18-7A-26b. Supplemental Benefits for Certain Annuitants

§18-7A-26c. Supplemental Benefits for Certain Annuitants

§18-7A-26d. Supplemental Benefits for Certain Annuitants

§18-7A-26e. Supplemental Benefits to Certain Annuitants

§18-7A-26f. Supplemental Benefits for Certain Annuitants

§18-7A-26g. Supplemental Benefits for Certain Annuitants

§18-7A-26h. Supplemental Benefits for Certain Annuitants

§18-7A-26i. Supplemental Benefits for Retired Teachers

§18-7A-26j. Supplemental Benefits for Certain Teachers Who Retired Prior to July 1, 1981

§18-7A-26k. Supplemental Benefits for Certain Teachers Who Retired Between July 1, 1981, and July 1, 1982

§18-7A-26l. Supplemental Benefits for Certain Teachers Who Retired Prior to July 1, 1982

§18-7A-26m. Supplemental Benefits for Certain Teachers

§18-7A-26n. Supplemental Benefits for Certain Teachers Who Retired on or After July 1, 1984, but Prior to July 1, 1986

§18-7A-26o. Supplemental Benefits for Certain Teachers Who Retired Prior to July 1, 1986

§18-7A-26p. Supplemental Benefits for Certain Teachers Who Retired on or After July 1, 1986, but Prior to April 1, 1988

§18-7A-26q. Supplemental Benefits for Certain Teachers Who Retired Prior to April 1, 1988

§18-7A-26r. Minimum Benefit for Certain Retired Members; Legislative Declaration; State Interest and Public Purpose

§18-7A-26s. One-Time Supplement for Certain Annuitants Effective July 1, 2001

§18-7A-26t. One-Time Supplement for Certain Annuitants Effective July 1, 2006

§18-7A-26u. One-Time Bonus Payment for Certain Annuitants Effective July 1, 2008

§18-7A-26v. One-Time Bonus Payment for Certain Annuitants Effective July 1, 2011

§18-7A-26w. Minimum Benefit for Certain Retired Members

§18-7A-27. Regular Interest

§18-7A-28. Options to Beneficiaries; Change of Certain Options Because of Divorce or Annulment; Limitation on Recalculated Monthly Benefits

§18-7A-28a. Federal Law Maximum Benefit Limitations

§18-7A-28b. Federal Law Minimum Required Distributions

§18-7A-28c. Direct Rollovers

§18-7A-28d. Rollovers and Transfers to Purchase Service Credit or Repay Withdrawn Contributions

§18-7A-28e. Limitations on Benefit Increases

§18-7A-29. Fraud; Penalties

§18-7A-30. Exemption From Taxation, Garnishment and Other Process; Exception for Qualified Domestic Relations Order

§18-7A-31. Unexpended Funds Under Prior Appropriations

§18-7A-32. Inconsistent Acts Repealed

§18-7A-33. Constitutionality

§18-7A-34. Loans to Members

§18-7A-35. Coverage for Nonteaching Employees; Prior Service Credit

§18-7A-35a. Prior Service Credit for Former Members of the State Teachers Retirement System Employed in a Nonteaching Capacity

§18-7A-35b. Temporary Early Retirement Incentives Program; Legislative Declarations and Findings; Termination Date

§18-7A-35c. Termination of Benefits; Procedure

§18-7A-36. Joint Study of State Retirement Systems; Report to Joint Committee on Government and Finance by Specified Date of Study Conclusions

§18-7A-37. Benefits Not Forfeited if System Terminates

§18-7A-38. Maximum Number of Days a Retired Teacher May Accept Employment; Calculating Days Worked for Retirants Engaged in Substitute Teaching

§18-7A-39. Employee Pension and Health Care Benefits Fund

§18-7A-40. Higher Education Employees