West Virginia Code
Article 22. Retirement Benefits Generally; Policemen's Pension and Relief Fund; Firemen's Pension and Relief Fund; Pension Plans for Employees of Waterworks System, Sewerage System or Combined Waterworks and Sewerage System
§8-22-15. Action by City Required Before New Provisions Are Applicable

Notwithstanding any provisions in sections two through fourteen of this article to the contrary, the provisions of said sections two through fourteen shall not be applicable to any fund established by any city prior to the effective date of this section, unless and until such city shall by ordinance provide for the application thereof. In the absence of any such ordinance, any such established fund shall be governed and controlled by and administered in accordance with the provisions of chapter one hundred fourteen, acts of the Legislature, regular session, 1947, and the amendments by (1) chapter ninety-two, acts of the Legislature, regular session, 1949, (2) chapter one hundred twenty-nine, acts of the Legislature, regular session, 1955, and (3) chapter thirty-nine, acts of the Legislature, regular session, 1968, if and only if an ordinance were adopted on and after May 8, 1968, and prior to the effective date of this section providing for the application of said chapter thirty-nine.

Structure West Virginia Code

West Virginia Code

Chapter 8. Municipal Corporations

Article 22. Retirement Benefits Generally; Policemen's Pension and Relief Fund; Firemen's Pension and Relief Fund; Pension Plans for Employees of Waterworks System, Sewerage System or Combined Waterworks and Sewerage System

§8-22-1. Membership in Public Employees Retirement System

§8-22-2. Class I, II and III Cities Empowered and Authorized to Establish and Maintain &Quot;employees Retirement and Benefit Fund" or to Maintain Such Fund Heretofore Established

§8-22-3. Definitions

§8-22-4. Board of Trustees

§8-22-5. Employees Eligible for Participation in Fund

§8-22-6. Contributions; Prior, Earned and Total Service Credits; Service Breaks

§8-22-7. Retirement Pensions

§8-22-8. Disability Pensions; Annuities

§8-22-9. Death Benefits; Return of Contributions

§8-22-10. Contributions by City

§8-22-11. Investment of Funds

§8-22-11a. Restrictions on Investment

§8-22-12. Individual Accounts; Actuarial Data; Tables

§8-22-13. Reports by Board of Trustees

§8-22-14. Custodian of Fund; Duties; Bond

§8-22-15. Action by City Required Before New Provisions Are Applicable

§8-22-16. Pension and Relief Funds for Policemen and Firemen; Creation of Boards of Trustees; Definitions; Continuance of Funds; Average Adjusted Salary

§8-22-16a. Legislative Findings

§8-22-17. Powers and Duties of Boards of Trustees; Training

§8-22-18. Members of Board of Trustees; How Elected; Presiding Officers; Secretary

§8-22-18a. West Virginia Municipal Pensions Oversight Board Created; Powers and Duties; Management; Composition; Terms; Quorum; Expenses; Reports

§8-22-18b. Creation of Municipal Pensions Security Fund; Transfer of Certain Powers, Duties and Functions of Treasurer's Office to Municipal Pensions Oversight Board

§8-22-18c. Notice of Legal Actions by or Against Municipal Policemen's and Firemen's Pension Funds

§8-22-19. Levy to Maintain Fund

§8-22-19a. Refunds of Member Contributions

§8-22-20. Actuary; Actuarial Valuation Report; Minimum Standards for Annual Municipality Contributions to the Fund; Definitions; Actuarial Review and Audit

§8-22-20a. Hiring of Actuary; Preparation of Actuarial Valuations

§8-22-21. Duties and Bond of Custodian of Funds

§8-22-22. Investment of Funds by Boards of Trustees; Exercise of Discretion in Making Investments; Report of Investment Plan

§8-22-22a. Restrictions on Investments; Diversification of Investments; Disclosure of Fees and Costs

§8-22-23. Rules and Regulations as to Distribution of Funds; Proof of Age

§8-22-23a. Eligibility for Total and Temporary Disability Pensions and Total and Permanent Disability Pensions; Reporting; Light Duty

§8-22-24. Disability Pensions

§8-22-25. Retirement Pensions

§8-22-25a. Deferred Retirement Option Plans; Authorization; Requirements; Limitations

§8-22-25b. Right to Benefits Not Subject to Execution, etc.; Assignments Prohibited; Deductions for Group Insurance; Setoffs for Fraud; Exception for Certain Domestic Relations Orders; Assets Exempt From Taxes

§8-22-26. Death Benefits

§8-22-26a. Supplemental Pension Benefits Entitlement; Benefit Payable; Application of Section; Construction

§8-22-27. General Provisions Concerning Disability Pensions, Retirement Pensions and Death Benefits

§8-22-27a. Correction of Errors; Underpayments; Overpayments

§8-22-27b. Fraud; Penalties; and Repayment

§8-22-28. Period in Which Payments Limited to Income From Fund; Reduced Payments Where Fund Insufficient

§8-22-28a. Distribution of Remaining Assets in a Closed Municipal Policemen S or Firemen S Pension and Relief Fund

§8-22-29. Pension Plans for Employees of Waterworks System, Sewerage System or Combined Waterworks and Sewerage System May Be Continued