West Virginia Code
Article 10. West Virginia Public Employees Retirement Act
§5-10-1. Short Title

West Virginia Code

Chapter 5. General Powers and Authority of the Governor, Secretary of State and Attorney General; Board of Public Works; Miscellaneous Agencies, Commissions, Offices, Programs, etc.

Article 10. West Virginia Public Employees Retirement Act

§5-10-1. Short Title

§5-10-2. Definitions

§5-10-3. Retirement System Created and Established; Body Corporate

§5-10-3a. Article to Be Liberally Construed; Supplements Federal Social Security; Federal Qualification Requirements

§5-10-4. Effective Date of System

§5-10-5. Board of Trustees Created; Powers and Duties Generally; Composition

§5-10-6. Trustees' Terms of Office

§5-10-7. Vacancies on Board

§5-10-8. Trustees' Compensation and Expenses

§5-10-9. Chairman and Vice Chairman; Executive Secretary; Employees; Treasurer; Legal Advisor; Actuary

§5-10-10. Board Meetings; Quorum; Vote; Proceedings

§5-10-11. Reports Required of Board

§5-10-12. Officer and Employee Bonds

§5-10-13. Actuarial Investigations and Valuations; Specification of Actuarial Assumptions

§5-10-14. Service Credit; Retroactive Provisions

§5-10-15. Military Service Credit; Qualified Military Service

§5-10-15a. Retirement Credited Service Through Member's Use, as Option, of Accrued Annual or Sick Leave Days

§5-10-15b. Credit for Public Employment in Another State

§5-10-15c. Military Service Credit for Members of the West Virginia National Guard

§5-10-16. When and How Political Subdivision Becomes Participating Public Employer

§5-10-17. Retirement System Membership

§5-10-18. Termination of Membership; Reentry

§5-10-19. Employers to File Information as to Employees Service

§5-10-20. Voluntary Retirement

§5-10-21. Deferred Retirement and Early Retirement

§5-10-21a. Deferred Retirement and Early Retirement for New Members as of July 1, 2015

§5-10-22. Retirement Annuity

§5-10-22a. Supplemental Benefits for Certain Annuitants

§5-10-22b. Supplemental Benefits for Certain Annuitants

§5-10-22c. Temporary Early Retirement Incentives Program; Legislative Declaration and Finding of Compelling State Interest and Public Purpose; Specifying Eligible and Ineligible Members for Incentives Program; Options, Conditions, and Exceptions; Cer...

§5-10-22d. Supplemental Benefits for Certain Annuitants

§5-10-22e. Supplemental Benefits for Retirees Effective July 1, 1994; Calculation of Benefits and Conditions of Payment

§5-10-22f. Minimum Benefit for Certain Retirants; Legislative Declaration; State Interest and Public Purpose

§5-10-22g. One-Time Supplement for Certain Annuitants Effective July 1, 2001

§5-10-22h. Limitations on Benefit Increases

§5-10-22i. One-Time Supplement for Certain Annuitants Effective July 1, 2006

§5-10-22j. One-Time Bonus Payment for Certain Annuitants Effective July 1, 2008

§5-10-22k. One-Time Bonus Payment for Certain Annuitants Effective July 1, 2011

§5-10-22l. Minimum Benefit for Certain Retirants

§5-10-23. Terminal Payment Following Retirement

§5-10-24. Annuity Options

§5-10-25. Disability Retirement

§5-10-26. Reexamination of Disability Retirants; Reemployment; Adjustment of Annuity for Earnings

§5-10-27. Preretirement Death Annuities

§5-10-27a. Federal Law Maximum Benefit Limitations

§5-10-27b. Federal Law Minimum Required Distributions

§5-10-27c. Direct Rollovers

§5-10-27d. Rollovers and Transfers to Purchase Service Credit Or

§5-10-28. Unified Accounting; Funds

§5-10-29. Members' Deposit Fund; Members' Contributions; Forfeitures

§5-10-30. Refund of Accumulated Contributions

§5-10-31. Employers Accumulation Fund; Employers Contributions

§5-10-31a. Retroactive Contributions to the Retirement System for Retroactive Service Credit Granted; One Year Period for Application

§5-10-32. Appropriations for State Contributions to Retirement System; Contributions for Members Paid From Special Funds or by Other Employers

§5-10-33. Contributions by Other Participating Public Employers; Withholding State Money to Satisfy Delinquencies

§5-10-34. Transfers to Retirement Reserve Fund

§5-10-35. Retirement Reserve Fund Created; Transfers From Fund on Reemployment

§5-10-36. Income Fund

§5-10-38. Investment of Moneys; Bonds of State Departments and Institutions to Be Offered First to Board of Public Works

§5-10-39. No Trustee, etc., Shall Gain From Investments of System

§5-10-40. Restricted Use of Retirement System Moneys

§5-10-41. Allowance of Regular Interest on Balances in Funds

§5-10-42. Fiscal or Plan Year of Retirement System

§5-10-43. Pro Rata Reduction of Annuities

§5-10-44. Correction of Errors; Underpayments; Overpayments

§5-10-45. Fraud; Penalty

§5-10-46. Right to Benefits Not Subject to Execution, etc.; Assignments Prohibited; Deductions for Group Insurance; Setoffs for Fraud; Exception for Certain Domestic Relations Orders

§5-10-47. Benefits Exempt From Taxes

§5-10-48. Reemployment After Retirement; Options for Holder of Elected Public Office

§5-10-49. Removal From Office

§5-10-50. Severability

§5-10-51. Withdrawal

§5-10-52. Specific Provisions Relating to Certain Members of the Legislature and Certain Service by Members of the Legislature

§5-10-53. Joint Study of State Retirement Systems; Report to Joint Committee on Government and Finance by Specified Date of Study Conclusions

§5-10-54. Termination of Benefits; Procedure

§5-10-55. Benefits Not to Be Forfeited if System Terminates