(a) To ensure the fiscal integrity of the retirement system during the start-up phase, no member is entitled to retirement, disability or death benefits under this retirement system until January 1, 2017. Participating municipalities shall purchase insurance for their new plan members to provide coverage in an amount equal to disability coverage otherwise provided in sections seventeen and eighteen of this article and death benefits otherwise provided in sections twenty, twenty-two and twenty-three of this article for claims arising before January 1, 2013: Provided, That pursuant to the amendments made to this subsection during the 2013 regular session of the Legislature, participating municipalities shall reinstate or purchase the insurance coverage for all plan members no later than July 1, 2013, and continue coverage through January 1, 2017.
(b) A member may retire and commence to receive retirement income payments on the first day of the calendar month following written application for his or her voluntary petition for retirement coincident with or next following the later of the date the member ceases employment, or the date the member attains early or normal retirement age, in an amount as provided under this article: Provided, That retirement income payments under this plan are subject to the provisions of this article. On receipt of the petition, the board shall promptly provide the member with an explanation of his or her optional forms of retirement benefits and on receipt of properly executed forms from the member, the board shall process a member's request for and commence payments as soon as administratively feasible.
Structure West Virginia Code
Chapter 8. Municipal Corporations
Article 22A. West Virginia Municipal Police Officers and Firefighters Retirement System
§8-22A-7. Creation of Fund; Investments; Actuarial Valuations
§8-22A-8. Members' Contributions; Employer Contributions
§8-22A-8a. Correction of Errors; Underpayments; Overpayments
§8-22A-9. Retirement; Commencement of Benefits; Insurance Requirements During Early Period
§8-22A-10. Federal Law Maximum Benefit Limitations
§8-22A-11. Federal Law Minimum Required Distributions
§8-22A-13. Rollovers and Transfers to Repay Withdrawn Contributions
§8-22A-14. Retirement Benefits
§8-22A-17. Awards and Benefits for Disability Duty Related; Exception During Early Period
§8-22A-18. Awards and Benefits for Disability Due to Other Causes; Exception During Early Period
§8-22A-19. Same -- Physical Examinations; Recertification; Termination of Disability
§8-22A-22. Additional Death Benefits and Scholarships - Dependent Children
§8-22A-24. Double Death Benefits Prohibited
§8-22A-26. Fraud; Penalties; and Repayment
§8-22A-27. Credit Toward Retirement for Member's Military Service; Qualified Military Service
§8-22A-30. Limitation of Employer Liability
§8-22A-31. Benefits Not Forfeited if System Terminates
§8-22A-32. Membership Retroactive in Certain Circumstances
§8-22A-33. Special Authorization for Municipal Police or Firefighters Hired After July 1, 2015